Investment Valuation in India

Oil & Gas All’s well for India’s oil and gas future They are roughly 2,000 km apart and yet the pace of activity or the excitement in the air is unmistakably alike. While one set of them is busy scathing the rocks facing challenges in the desert region of Barmer, Rajasthan, the other is battling violent cyclone storms in water depths of 2,700 metres, off Kakinada, east coast of the Indian peninsula. These men are set to script the most exciting story in India's energy history in recent times, and are easily set to be billed as the top newsmakers of 2009. The two discoveries , RIL's offshore gas project and Cairn's onland oil discovery, are set to begin contributing to India's energy kitty in 2009-10, at a time when the country's trade deficit threatens to cause some serious concerns . India's exports have been dipping over the last few months and the slowdown in the global economy is only expected to further add to its woes. Add to it India's gargan...