ONGC

Moody's upgrades ratings of nine PSUs

Moody's upgrades ratings of nine PSUs

The foreign currency issuer ratings of Bharat Petroleum Corp Ltd (BPCL), Hindustan Petroleum Corp Ltd (HPCL), Indian Oil Corp (IOC) and Petronet LNG Ltd (PLL) was upgraded to Baa2 from Baa3, the same as India's sovereign rating upgrade.

Nov 17, 2017, 18:18 PM IST
Six of 10 most valued companies add Rs 76,383 crore in m-cap

Six of 10 most valued companies add Rs 76,383 crore in m-cap

While ITC, Maruti Suzuki India, ONGC and SBI suffered losses in their market capitalisation (m-cap) for the week ended Friday, RIL, Tata Consultancy Services (TCS), HDFC Bank, HDFC, Hindustan Unilever Ltd (HUL) and Infosys saw gains.

Oct 15, 2017, 13:19 PM IST

Govt invites private players to buy out 51% in Pawan Hans

The Miniratna PSU is under the administrative control of the civil aviation ministry and the remaining 49 percent stake is held by oil behemoth ONGC.

Oct 13, 2017, 09:45 AM IST
Give private firms stake in ONGC fields: CEOs of oilcos to PM

Give private firms stake in ONGC fields: CEOs of oilcos to PM

Over a 3-hour long meeting, the CEOs also suggested including natural gas and electricity in the Goods and Services Tax (GST) regime to make these competitive.

Oct 09, 2017, 19:56 PM IST
Haven't heard from Iran on $11 billion offer for gas field: OVL

Haven't heard from Iran on $11 billion offer for gas field: OVL

Iran, India's third biggest oil supplier, used to give a 90-day credit period to refiners like Indian Oil Corp (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) to pay for the oil they would buy from it.

Oct 09, 2017, 15:45 PM IST
ONGC may sell IOC stake to LIC in block deal

ONGC may sell IOC stake to LIC in block deal

ONGC has already secured shareholder nod to raise up to Rs 25,000 crore debt, he said, adding that the company had about Rs 10,000 crore of cash in hand.

Oct 09, 2017, 13:34 PM IST
Seven of 10 most valued cos add Rs 63,444 crore in mcap

Seven of 10 most valued cos add Rs 63,444 crore in mcap

ITC's valuation soared Rs 9,503.24 crore to Rs 3,24,145.91 crore and that of HUL jumped Rs 6,569.19 crore to Rs 2,60,927.89 crore.

Oct 08, 2017, 11:48 AM IST
DGH refuses commerciality of ONGC's deepest gas find

DGH refuses commerciality of ONGC's deepest gas find

ONGC is in the process of appointing a consultant who will assist in developing the UD-1 discovery.

Oct 02, 2017, 12:54 PM IST
Shashi Shanker takes over as ONGC Chairman

Shashi Shanker takes over as ONGC Chairman

During his tenure, ONGC has conceptualised an ambitious company-wide project called 'DISHA' for creation of a paperless office platform, the implementation of which is now underway.

Oct 01, 2017, 11:47 AM IST
Eight of 10 most valued cos lose Rs 82,653 crore in m-cap

Eight of 10 most valued cos lose Rs 82,653 crore in m-cap

ITC's valuation slumped Rs 12,094.05 crore to Rs 3,14,642.67 crore and that of State Bank of India (SBI) tanked Rs 7,035.12 crore to Rs 2,19,038.28 crore.

Oct 01, 2017, 11:09 AM IST
Govt raises natural gas price by 16.5% to $2.89 mmBtu

Govt raises natural gas price by 16.5% to $2.89 mmBtu

The government also hiked the cap price based on alternate fuels for undeveloped gas finds in difficult areas like deepsea which are unviable to develop as per the existing pricing formula.

Sep 29, 2017, 20:40 PM IST
Share Bazaar Live: LPG prices may go up by 13%

Share Bazaar Live: LPG prices may go up by 13%

This segment of Share Bazaar Live brings you shares that will remain in action. LPG prices may go up by 13% which will benefit ONGC, Oil India and Reliance. Watch full video to know more.

Sep 29, 2017, 18:58 PM IST
Step up capital spending: Finance minister to CPSEs

Step up capital spending: Finance minister to CPSEs

The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.

Sep 28, 2017, 16:04 PM IST
Govt plans to sell stake in ONGC oilfields to private firms

Govt plans to sell stake in ONGC oilfields to private firms

ONGC produces 87 percent of its 25.53 million tonnes of oil from fields given to it on nomination basis.

Sep 27, 2017, 19:18 PM IST
PM Modi invites ONGC to develop energy efficient electric stove

PM Modi invites ONGC to develop energy efficient electric stove

The prime minister said this innovation would, in one stroke, significantly impact the nation's dependence on imported fuel.

Sep 25, 2017, 23:41 PM IST
ONGC to acquire HPCL in block deal in Nov-Dec

ONGC to acquire HPCL in block deal in Nov-Dec

The government's transaction advisor JM Financial and legal consultant Cyril Amarchand Mangaldas is preparing Information Memorandum (IM) on Hindustan Petroleum Corporation Ltd (HPCL) with India's largest oil and gas producer, ONGC, in the next 7-10 days.

Sep 25, 2017, 15:09 PM IST
ONGC strikes 'good' offshore oil, gas find: Sources

ONGC strikes 'good' offshore oil, gas find: Sources

The Mumbai High field annually produces oil and natural gas of about 9 million to 10 million tonnes of oil equivalent.

Sep 20, 2017, 12:53 PM IST
Eight of top-10 most valued companies add Rs 62,156 crore in mcap

Eight of top-10 most valued companies add Rs 62,156 crore in mcap

The m-cap of RIL, the most valued company of the country, surged Rs 17,074.13 crore to Rs 5,48,583.78 crore.

Sep 17, 2017, 13:19 PM IST
Infosys slips out of 10 most valued companies on NSE

Infosys slips out of 10 most valued companies on NSE

Infosys' market valuation touched Rs 2,00,617 crore, while that of Indian Oil Corporation was marginally higher at Rs 2,00,645.9 crore at the closing on the NSE.

Aug 22, 2017, 00:24 AM IST
ONGC board approves HPCL takeover

ONGC board approves HPCL takeover

The government last month had approved sale of its 51.11 per cent stake in oil refiner HPCL to India's largest oil producer ONGC.

Aug 22, 2017, 00:17 AM IST