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Govt to assess impact of CSR activities undertaken by PSUs

For the first time, the NDA government is planning to conduct a study for assessing the impact of corporate social responsibility projects undertaken by various public sector firms.

Maruti overtakes Infosys, ONGC in m-cap; stock up 3%

Maruti Suzuki zipped past Infosys and ONGC in market capitalisation (m-cap) as its stock rose by 3 percent Friday, adding Rs 6,563 crore to the value.

ONGC announces plans to buy government stake in HPCL

State-owned Oil and Natural Gas Corporation (ONGC) has announced its plans to likely acquire the central government`s majority stake in refiner Hindustan Petroleum Corp. Ltd (HPCL) by the end of this financial year.

Rahul Jarngal, ONGC engineer from Jammu and Kashmir's Kathua district, scales Mount Everest

Rahul Jarngal, ONGC engineer from Jammu and Kashmir's Kathua district, scales Mount Everest

Rahul Jarngal, an engineer belonging to Jammu and Kashmir's Kathua district, has scaled the Mount Everest.

ONGC Q4 net profit falls 6% at Rs 4,340 crore

State-run explorer Oil and Natural Gas Corp. (ONGC) on Friday reported a 6.1 percent fall in net profit for the fourth quarter ended March at Rs 4,340 crore, as compared to the PAT of Rs 4,624.30 crore for the same period of 2016.

Drinking water supply stopped in Agartala after ONGC waste leaks

Drinking water supply to lakhs of people in Tripura was stopped after ONGC drilling waste spilled over into a key river.

Sudan denies licence extension to OVL; seeks higher taxes

Sudan has denied India's ONGC Videsh Ltd an extension of licence to operate an oilfield as it sought higher royalties and taxes to make up for revenue lost due to drop in oil prices.

ONGC reclaims most-valued PSU firm status; topples SBI

ONGC reclaims most-valued PSU firm status; topples SBI

Energy behemoth ONGC on Wednesday surged past State Bank of India to reclaim the status of the most- valued PSU by market valuation.

11 Indian climbers commence their expedition to Mt Everest's peak!

11 Indian climbers commence their expedition to Mt Everest's peak!

The team was selected after over 150 Everest aspirants underwent a strenuous selection process for over 15 months.

Iran dismisses India's threat to cut oil imports

Iran has dismissed India's decision to cut oil imports from Tehran by a fifth over delay in award of a gas field and said it has other buyers.

ONGC eyes 17% jump in crude output, 66% in gas by 2022

The nation's biggest oil and gas producer has prepared 'Roadmap' for Import Reduction.

 M-cap windfall for top 7 companies, investors richer by Rs 45,956 crore

M-cap windfall for top 7 companies, investors richer by Rs 45,956 crore

Investors in top seven Indian companies saw their fortune grow by a cumulative Rs 45,955.51 crore last week, with SBI and RIL handing the maximum gains.

SAIL, BSNL, Air India worst performing PSUs in FY16: Survey

SAIL, BSNL, Air India worst performing PSUs in FY16: Survey

Coal India, ONGC and Indian Oil Corporation emerged as star financial performers among India's central public sector enterprises in 2015-16, whereas SAIL, BSNL and Air India incurred most losses, a government survey has showed.

ONGC seeks gas price review; wants floor rate fixed at $4.2

ONGC seeks gas price review; wants floor rate fixed at $4.2

State-owned Oil and Natural Gas Corp (ONGC) has sought a review of the natural gas pricing formula as rates have dropped below cost.

ONGC signs pact to buy out GSPC's KG block stake for $1.2 billion

ONGC signs pact to buy out GSPC's KG block stake for $1.2 billion

State-owned Oil and Natural Gas Corporation (ONGC) has signed definitive agreements to buy out debt-ridden GSPC's entire 80 per cent stake in KG-basin natural gas block for USD 1.2 billion.

ONGC may shift proposed basin from Tripura to Assam

ONGC may shift proposed basin from Tripura to Assam

The ONGC board is likely to take a decision on the upcoming second basin of North East in the next six months.

Merger talks of ONGC, HPCL on at ministerial level

Merger talks of ONGC, HPCL on at ministerial level

State-owned oil major ONGC has said the preliminary discussion for its acquisition of India's third-biggest fuel retailer HPCL has started and is going on at the ministerial level.

OilMin moves Cabinet to get RIL, ONGC pricing freedom

OilMin moves Cabinet to get RIL, ONGC pricing freedom

In a boost to firms like Reliance Industries and ONGC, the oil ministry has moved a proposal to the Cabinet for allowing pricing freedom for natural gas produced from coal seams.

Govt bails out ONGC, OIL of Rs 22,000 cr royalty liability

Govt bails out ONGC, OIL of Rs 22,000 cr royalty liability

The central government will pay two state-owned firms' outstanding liabilities of Rs 14,698 crore directly to the state governments, who will not insist on levy of Rs 7,223 crore interest on payments that were due from April 2008.

ONGC may acquire HPCL in $6.6 bn deal

ONGC may acquire HPCL in $6.6 bn deal

Oil and Natural Gas Corp will take control of Hindustan Petroleum Corp as part of the government`s plan to create an integrated public sector oil entity.