Green Voyager
ECONOMY & POLICY

Green Voyager

SK Gupta, Chairman and Managing Director, GAIL, helms the company which has done the world's first ship-to-ship (STS) liquefied natural gas (LNG) transfer between a large conventional LNG vessel and a Q-Flex LNG vessel to save on shipping costs and cut emissions. The LNG ship travels 19,554 nau...

SK Gupta, Chairman and Managing Director, GAIL, helms the company which has done the world's first ship-to-ship (STS) liquefied natural gas (LNG) transfer between a large conventional LNG vessel and a Q-Flex LNG vessel to save on shipping costs and cut emissions. The LNG ship travels 19,554 nautical miles in about 54 days from Sabine Pass in the US to India via the Suez Canal to bring this volume to India and emits about 15,600 tonne of CO2. However, GAIL's innovative contractual arrangement has resulted in savings of about 8,736 nautical miles, equivalent to 7,000 tonne of CO2 emissions. Also, this has shortened the GAIL vessel’s voyage from 54 to about 27 days. If this concept is scaled up considering two cargoes per month, it would result in distance savings of 209,664 nautical miles per year and result in an emission saving of 167,731 tonne of CO2.

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Marico Board Re-appoints Saugata Gupta as MD & CEO

Marico Limited, one of India's leading FMCG companies, announced that  the Board of Directors of the Company at its meeting held on May 2, 2025, approved the re-appointment of Saugata Gupta as the Managing Director & Chief Executive Officer for a further  period of two years, from April 1, 2026 till March 31, 2028. This is as per the information filed with  the stock exchanges on May 2, 2025. Saugata Gupta joined Marico in 2004 as the Head of Marketing and was elevated to CEO of India  Business in 2007. Since 2014, Saugata has been the Managing Director and Chief E..

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Star Health Appoints Rajeev Kher as Chairperson of the Board

Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India’s largest retail health insurance company is pleased to announce the appointment of Rajeev Kher, Independent Director, as the Chairperson of its Board of Directors. The decision was taken at the Board meeting held on April 29, 2025. This appointment is subject to regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI). Kher brings over four decades of distinguished service across international trade, industrial development, sustainable policy, and reg..

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Infrastructure Urban

Kesar Starts Commercial Production at Ratnagiri Fertiliser Unit

Kesar Petroproducts Ltd today announced that it has started  commercial production at its new fertiliser plant in Ratnagiri, Maharashtra. This new plant,  with an annual capacity of 6,000 tons, will manufacture high-end fertilisers, thereby  significantly boosting the company’s topline moving forward. The by-product products of  the pigment plant will be used to manufacture fertilisers at the new facility, which will also  enhance the pigment capacity in the existing plant. Kesar Petroproducts currently produces close to 600 tons per month of Copper  Phthal..

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