Ind Tourism Dev Corp

MOSCOW, July 15 (Reuters) - U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China, India and Turkey.

RUSSIA'S OIL GRADES, PORTS

According to the International Energy Agency, Russia's revenue from sales of crude oil and oil products in June declined by almost 14% from a year earlier to $13.57 billion.

Russia's crude output, however, stayed broadly flat at 9.2 million barrels per day (bpd) last month and crude loadings were stable at 4.68 million bpd, the IEA said. Its exports of oil products dropped by 110,000 bpd to 2.55 million bpd.

Russia exports Urals, Siberian Light and CPC Blend oil grades from its Western ports, such as Primorsk, Ust-Luga and Novorossiisk. It also loads smaller amounts of Arctic oil, ARCO and Novy port grades from its northern Murmansk port.

Russia also exports the ESPO Blend from Kozmino port in the Far East, and the Sokol and Sakhalin Blend from Sakhalin island in the Pacific.

Russian oilfields are also linked by pipelines to China and European countries. Currently only Hungary and Slovakia are still buying oil from Russia in Europe as part of an exception to European Union sanctions.

Russia also provides its pipeline network for oil transit from Kazakhstan for further shipments to its ports and via the Druzhba oil pipeline to Germany. Russia also exports its oil to neighbour Belarus, which has two major refineries.

MAIN BUYERS

China remains the largest buyer of Russian oil, mostly due to direct connections to Russian fields by pipeline: oil enters the country via the Skovorodino-Mohe and Kazakhstan's Atasu-Alashankou oil pipelines, and the rest is purchased by Chinese refineries by sea.

China purchases about 2 million bpd of oil from Russia -mainly ESPO Blend, Sokol and Sakhalin Blend, as well as some Urals and Arctic oil, according to Chinese customs data.

That's worth around $130 million each day, according to Reuters' calculations.

The main buyers are energy companies CNPC, Sinopec and CNOOC as well as independent refineries.

India is the second-largest oil buyer from Russia and the main buyer of its flagship Urals oil. India also purchases ESPO Blend oil, Sokol and Arctic grades from Russia. Its overall imports of Russian oil are at about 1.8 million bpd, according to ship tracking data from Kpler.

Russian oil flows to most of India's refiners, including Reliance Industries, owner of the world's largest refinery. It also flows to private refiner Nayara Energy, in which Russia's Rosneft ROSN.MM holds a stake, as well as Indian Oil and ONGC.

The third-largest importer of Russian oil, Turkey, ramped its purchases to an annual record in June of 400,000 bpd, according to LSEG.

The increase in purchases of Russian oil by Turkey was due to a price decline of the Russian grade. Since April 1, Urals oil has been trading consistently below the price cap of $60 per barrel.

Turkey's STAR refinery, controlled by Azerbaijan's SOCAR, is the main buyer of Russian oil in Turkey, while another major refiner, Tupras, also purchases Urals grade oil.

OIL PRODUCTS

Russia exports some 2.5 million bpd of fuel products, including low-sulphur diesel, gasoline, naphtha, fuel oil and others.

Since 2023, Russia has also diverted its oil-product sales from Europe to Asia and Latin America.

Moscow is a major diesel supplier to Brazil and Turkey, while it also supplies significant volumes of fuel to African countries including Ghana, Egypt, Morocco, Togo and Tunisia.

OTHERS

Russian oil and products also flow to "friendly" states as Moscow calls the countries it continues to do business with.

Among the buyers are Syria, which has recently started to buy Russian fuel and Arctic oil, as well as countries such as Pakistan, Cuba and Sri Lanka.

(Reporting by Reuters; Editing by Sharon Singleton)

March 4 (Reuters) - India Tourism Development Corp Ltd ITDC.NS:

• INDIA TOURISM DEVELOPMENT CORP - TO CONSIDER ASSET MONETIZATION OF ASHOK HOTEL

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** Indian tourism stocks rise as Finance Minister Nirmala Sitharaman says government will develop top destinations with key infrastructure in budget

** Indian Tourism Development Corp ITDC.NS up 11.61%

** Tourism Finance Corporation of India TFCI.NS up about 2%, Lemon Tree Hotels LEMO.NS up around 1%

(Reporting by Ananta Agarwal in Bengaluru)

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Adds Diageo declining to comment in paragraph 6

By Arpan Chaturvedi

NEW DELHI, Jan 10 (Reuters) - India's federal investigating agency has alleged that Diageo DGE.L and Sequoia Capital made suspicious payments to a politician's firm in an attempt to attain favourable government decisions, a document reviewed by Reuters on Friday showed.

The Central Bureau of Investigation (CBI) alleges that Diageo Scotland made a suspicious transfer to Congress Party lawmaker Karti Chidambaram's firm after a 2005 ban on the sale of its duty-free products hit Johnnie Walker whisky sales.

The agency said in the case document on its website that an investigation showed a payment of $15,000 to Chidambaram's firm was intended to influence public servants to lift the ban, rather than for consultancy work as it was described.

"In order to lift the ban, Diageo Scotland approached Karti P Chidambaram," the agency said in the document, which is part of its formal case registered against Diageo and Sequoia, after an investigation launched in 2018 into investment approvals.

It did not say when the alleged payment by Diageo was made.

Diageo declined to comment on the CBI's allegation while a spokesperson for United Spirits, the Indian business in which the British drinks giant owns a stake of about 56%, also declined to comment.

U.S. venture capital group Sequoia did not immediately respond to a request for comment.

Chidambaram, who is a member of India's lower house of parliament, filed an application before a New Delhi court on Friday denying the CBI allegations and said he was "neither a shareholder nor Director" of the firm in question.

The case "is mala fide and is borne out of political vendetta," his court filing said.

Reuters was unable to contact Chidambaram, who is the son of former finance minister P Chidambaram and a lower house member of parliament representing India's main opposition party.

The CBI said Diageo suffered a huge loss from the 2005 embargo on its products by the India Tourism Development Corp, a firm majority-owned by the government that had a monopoly on sales of imported duty-free liquor.

The case presents a new challenge for Diageo after anti-graft police launched an investigation last year into billing and discount practices in the capital, New Delhi.

The company has said it is cooperating with that agency.

Separately, the CBI case document alleges the Mauritius unit of Sequoia Capital made suspicious transactions with the firm of Chidambaram, who was in a position to influence public servants to secure approval for an Indian investment in 2008.

Sequoia's proposal, the CBI said, was approved in November by P Chidambaram, who was finance minister at the time. In response to a text message from Reuters, P Chidambaram, also a Congress party politician, said he had no comment.

The CBI document does not name the former finance minister as one of those accused.

A detailed investigation will look for any violations of India's criminal law, including its anti-graft law that sets penalties for bribes to public servants, the CBI said.

Punishments can involve jail terms of up to seven years, and unspecified fines.

(Reporting by Arpan Chaturvedi; Editing by Aditya Kalra, Clarence Fernandez and Alexander Smith)

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Oct 11 (Reuters) - India Tourism Development Corp Ltd ITDC.NS:

• GOVERNMENT ENTRUSTED ADDITIONAL CHARGE OF MD TO M.R. SYNREM

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** Indian tourism stocks Thomas Cook THOM.NS, Yatra Online YATR.NS, Easy Trip Planners EASM.NS, Tourism Finance Corp TFCI.NS, Indian Tourism Development ITDC.NS up 2%-6%

** Indian government will present India as global tourism hub, Finance Minister Nirmala Sitaraman says in union budget

** EASM sees best day since mid-March, while TFCI eyes steepest one-day gain since early-June

(Reporting by Manvi Pant in Bengaluru)

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March 28 (Reuters) - India Tourism Development Corp Ltd ITDC.NS:

• INDIA TOURISM DEVELOPMENT CORP LTD - CHAIRMAN SAMBIT PATRA RESIGNS

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Feb 9 (Reuters) - India Tourism Development Corp Ltd ITDC.NS:

• INDIA TOURISM DEVELOPMENT CORP LTD DEC-QUARTER CONSOL NET PROFIT 159.4 MILLION RUPEES VERSUS 227.4 MILLION RUPEES

• INDIA TOURISM DEVELOPMENT CORP LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.35 BILLION RUPEES VERSUS 1.18 BILLION RUPEES

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** Indian tourism stocks rise 4%

** India Finance Minister Nirmala Sitharaman, in Budget speech, urges further development of tourist destinations

** Shares of state-owned Tourism Finance Corporation of India Ltd TFCI.NS and India Tourism Development Corp Ltd ITDC.NS up 4.4% and 5%,respectively; private sector travel firm Thomas Cook (India) Ltd THOM.NS up 4.2%

** Stocks down between 1% and 5% in January

(Reporting by Nandan Mandayam)

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Nov 7 (Reuters) - India Tourism Development Corp Ltd ITDC.NS:

• INDIA TOURISM DEVELOPMENT CORP LTD SEPT-QUARTER CONSOL NET PROFIT 190.1 MILLION RUPEES VERSUS PROFIT 100.4 MILLION RUPEES

• INDIA TOURISM DEVELOPMENT CORP LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.31 BILLION RUPEES VERSUS 927.7 MILLION RUPEES

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Adds details, background paragraph 6-7

By Aditya Kalra

NEW DELHI, Sept 19 (Reuters) - India's antitrust body has appointed three new members to oversee cases, including a former government official from the commerce ministry and a former interim compliance officer of WhatsApp, sources with direct knowledge of the matter said.

The new members appointed are Anil Agrawal, a former police official who recently worked at India's commerce ministry and worked on various startup initiatives and setting up of government's e-commerce network, Open Network For Digital Commerce. He confirmed the appointment to Reuters, but declined to elaborate.

Two other appointments are Sweta Kakkad, a lawyer whose LinkedIn profile showed she is a former interim chief compliance officer at WhatsApp. The third appointee is Deepak Anurag, who is a former official who worked at India's Comptroller and Auditor General.

Kakkad and Anurag could not be reached for comment. The appointment decisions were finalised and taken by the federal government, the sources said.

The Competition Commission of India (CCI) did not respond to queries from Reuters.

The appointments come at a time when CCI is investigating several high-profile global companies for alleged antitrust violations, including Amazon AMZN.O, Walmart's WMT.N Flipkart, Google GOOGL.O and liquor giant Pernod Ricard PERP.PA.

The appointment of senior members is critical to functioning of CCI. In May, India named Ravneet Kaur as chairperson of the CCI. Kaur held several positions in the government over the last two decades, including as chairperson of India Tourism Development Corp between 2017 and 2019.

(Reporting by Aditya Kalra; Editing by Muralikumar Anantharaman and David Evans)

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Aug 8 (Reuters) - India Tourism Development Corp Ltd ITDC.NS:

• INDIA TOURISM DEVELOPMENT CORP LTD JUNE-QUARTER CONSOL NET PROFIT 170.8 MILLION RUPEES VERSUS 108.1 MILLION RUPEES

• ITDC LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.18 BILLION RUPEES VERSUS 963 MILLION RUPEES

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Adds background

NEW DELHI, May 16 (Reuters) - India has named Ravneet Kaur as chairperson of the country's antitrust body, the Competition Commission of India, for a period of five years, according to a government order seen by Reuters on Tuesday.

Kaur has held several positions in the government over the last two decades, including as chairperson of India Tourism Development Corp ITDC.NS between 2017 and 2019, Kaur's LinkedIn profile showed.

The appointment comes after months of delay in appointing the head of the watchdog, which many antitrust lawyers said has slowed the functioning of the body.

The commission is investigating some of the world's biggest companies including Apple AAPL.O, Amazon AMZN.O and Walmart's WMT.N Flipkart for alleged anti-competitive practices.

(Reporting by Aditya Kalra in New Delhi and Chris Thomas in Bengaluru; Editing by Janane Venkatraman and Raju Gopalakrishnan)

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