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Govt to sell 5% stake in ONGC, to fetch Rs 17,000 cr

Last Updated: Tuesday, July 08, 2014, 17:26

The Department of Disinvestment is understood to have floated a Cabinet note for inter-ministerial consultation to take forward the ONGC stake sale.

BPCL, ONGC shares gain on Mozambique asset hopes

Last Updated: Wednesday, May 07, 2014, 11:06

Anadarko revised the total estimated recoverable resources from its Offshore Area 1 (Rovuma basin) to a range of 50 to 70-plus trillion cubic feet of natural gas from 45-70 plus tcf earlier.

ONGC gains on broker upgrades

Last Updated: Wednesday, August 07, 2013, 10:27

ONGC shares gain 0.86 percent after Barclays and Credit Suisse upgrade the state-run refiner.

ONGC shares gain nearly 4% on BSE

Last Updated: Tuesday, June 25, 2013, 19:45

Shares of Oil and Natural Gas Corp Tuesday closed up by nearly 4 percent as the company along with Oil India Ltd announced buying of Videocon Industries' 10 percent stake in a giant Mozambique gas field for USD 2.5 billion.

ONGC shares fall nearly 3% post March quarter results

Last Updated: Thursday, May 30, 2013, 14:18

Shares of state-owned Oil and Natural Gas Corp (ONGC) on Thursday fell by nearly 3 percent as the company reported a 40 percent drop in its March quarter net profit.

LIC professional body, acts in interest of policy holders: Govt

Last Updated: Thursday, April 26, 2012, 18:43

Amid concerns being expressed by a Parliamentary panel on purchase of ONGC shares by LIC, a senior government official Thursday said the state-owned insurer is a professional body and acts in the interest of policyholders.

LIC professional body, acts in interest of policy holders: Govt

Last Updated: Thursday, April 26, 2012, 18:43

Amid concerns being expressed by a Parliamentary panel on purchase of ONGC shares by LIC, a senior government official Thursday said the state-owned insurer is a professional body and acts in the interest of policyholders.

Par Panel wants IRDA to probe LIC's purchase of ONGC shares

Last Updated: Tuesday, April 24, 2012, 17:15

A parliamentary panel has asked insurance regulator IRDA to enquire whether country's largest insurer LIC has breached the investment norms while buying ONGC shares during the government stake auction.

Par Panel wants IRDA to probe LIC's purchase of ONGC shares

Last Updated: Tuesday, April 24, 2012, 17:15

A parliamentary panel has asked insurance regulator IRDA to enquire whether country's largest insurer LIC has breached the investment norms while buying ONGC shares during the government stake auction.

Outcome of ONGC auction tarnished PSU's image: Moody's

Last Updated: Monday, March 05, 2012, 21:00

Ratings agency Moody's on Monday said the result of the government stake auction in ONGC has tarnished the image of the oil major.

LIC bought 37.71 cr shares of ONGC; stake goes up to 9.48%

Last Updated: Monday, March 05, 2012, 15:07

ONGC Monday said LIC picked up 37.71 crore shares in the company during the auction last week and its total holding has gone up to 9.48 percent.

Value of LIC investment in ONGC slips by Rs 900 cr in 2 days

Last Updated: Sunday, March 04, 2012, 19:02

State-owned insurance giant LIC, which saved the much-hyped ONGC share auction, has lost around Rs 900 crore in market value of the acquired stake in the oil major in just two trading sessions after the Offer for Sale (OFS) on Thursday.