Month: July 2017

Accident: Bhopal Gas Tragedy- One of The Darkest Nights in Indians’ Life

Introduction: Bhopal Gas Tragedy or Bhopal Gas Disaster, as it is commonly known, occurred due to gas leakage in Bhopal, a city in Madhya Pradesh on 2nd December 1984 at the Union Carbide India Limited (UCIL) pesticide plant. Over 500,000 people were exposed to highly toxic Methyl Isocyanate Gas (MIC). This incident is considered as …

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Analysis: ONGC-HPCL Merger- Birth of an Oil Behemoth?

Introduction Finance minister Arun Jaitley announced in his budget speech in February to create an oil behemoth by combining operator ONGC and refiner HPCL. Just a few months after this announcement, the Union Cabinet approved the plan to sell government’s 51.1 percent stakes in HPCL to explorer ONGC. The ONGC-HPCL merger is a big step …

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