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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Petronet expects Qatar to start LNG exports in 3 to 4 wee...
2026-05-05 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Petronet LNG expects Qatar to ​resume operations at its liquefied ‌natural gas facilities within three ​to four weeks of ⁠the Middle East crisis ending, its head of finance, Saurav Mitra, ‌said during an analyst call on Tuesday.

Petronet hopes ‌the crisis will end ‌soon. "We ⁠are confident that maybe from ⁠the first week of June, the entire supply will come as per ​the annual ‌delivery plan," Mitra said.

He said Petronet is in talks with Qatar regarding the delivery ‌of cargoes hit by ​the Iran war in 2027.

Petronet has started ⁠getting supplies under its new 1.2 million ton per year ‌supply deal with ExxonMobil from Australia's Gorgon project, he said.

Apart from additional supplies from Australia, Petronet LNG received supplies from Mozambique, Oman, Congo, ‌Senegal, and Nigeria, to partly offset ​the shortfall from Qatar.

Petronet is operating its ⁠Dahej LNG terminal in western India at ⁠53% capacity.

He said Equinor will start ‌supplying LNG from mid-May at the Dahej terminal under a ​long-term deal with Deepak Fertilisers

Published on May 5, 2026