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Government defers gas price hike by 3 months
National | Jun 26, 2014, 12:27 PM ISTNew Delhi: The Indian government Wednesday deferred by three months a decision on raising the price of locally produced gas, saying a comprehensive discussion was required on the issue.The Cabinet Committee on Economic Affairs (CCEA),
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Reliance Industries, ONGC, 5 others lose Rs. 31,966 crore in market value
Jun 22, 2014, 05:14 PM ISTNew Delhi: As benchmark BSE index Sensex shed over 122 points last week, seven of the ten most valued companies saw erosion of Rs. 31,966 crore in their total market capitalisation. Reliance Industries, ONGC and Larsen
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Fantastic Friday: Nifty zooms to record peak; ONGC on fire
Jun 06, 2014, 07:55 PM ISTMumbai: Euphoric mood prevailed in the stockmarket today as the key benchmark index Nifty raced to a new record peak of 7,583 points on the back of over 100-point gain on hectic buying at the
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RIL took our natural gas worth Rs 30,000 cr ; ONGC claims in HC
May 29, 2014, 08:59 PM ISTNew Delhi: Oil and Natural Gas Corporation (ONGC) today told the Delhi High Court that it has suffered loss of gas worth Rs 30,000 crore as a result of Reliance Industries Ltd (RIL) exploiting gas
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Reliance 'saddened' by ONGC chief's 'theft' remarks
May 23, 2014, 11:49 PM ISTMumbai: Reliance Industries Friday felt “saddened” by the remarks of the ONGC chief on alleged “theft” of gas in the Krishna-Godavari basin, and said as the matter was sub judice it called for restraint by
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ONGC scales highest-ever market cap of Rs 3.56 trillion
May 18, 2014, 07:20 PM ISTNew Delhi: Riding the wave Narendra Modi's election created in stock markets, state-owned Oil and Natural Gas Corp's (ONGC) market capitalisation has touched an all-time of Rs 3.56 trillion.“In intra-day trade on May 16, ONGC
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ONGC claims RIL took its natural gas; HC seeks Centre's reply
May 15, 2014, 08:28 PM ISTNew Delhi: The Delhi High Court today sought response of the Centre and Reliance Industries Ltd on a plea by state-owned Oil and Natural Gas Corporation (ONGC) which has accused the Mukesh Ambani-led group of
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ONGC directors in race for top job at OVL
May 12, 2014, 05:29 PM ISTNew Delhi:ONGC directors Shashi Shanker and Narendra Kumar Verma are among 15 candidates in race to head the state-owned firm's overseas investment arm.Government headhunter Public Enterprise Selection Board (PESB) will interview 15 shortlisted candidates for
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Companies, banks raise $5.6 bn abroad so far this year
Apr 13, 2014, 04:44 PM ISTMumabi: As domestic interest rate is likely to remain elevated for some more time, corporates and banks are hitting the international debt market with renewed interest and have mopped up a hefty $5.6 billion so
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RIL, ONGC shares tank on delay in new gas price
Mar 25, 2014, 07:10 PM ISTMumbai: Shares of gas producers like Reliance Industries and ONGC tanked in morning trade on Tuesday after the Election Commission asked the oil ministry to defer new gas price till the general elections are over.
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ONGC approves Cairn's raising Bhagyam field cost to $608m
Mar 23, 2014, 09:31 PM ISTNew Delhi: State-owned Oil and Natural Gas Corp has approved its partner Cairn India's raising the cost of developing the second biggest oilfield in the prolific Rajasthan block by 30% to $ 608 million.Cairn India
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DGH too seeks appointing expert for KG basin
Mar 17, 2014, 11:40 PM ISTNew Delhi: Earlier, ONGC had sought the appointment of an international expert to assess if Reliance Industries was drawing out any of its gas in the KG basinUpstream regulator Directorate General of Hydrocarbons (DGH) has
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Market capitalisation: Reliance Industries, ONGC, ICICI Bank big gainers
Mar 09, 2014, 05:52 PM ISTNew Delhi: Tracking the extremely buoyant sentiment in the stock market, the combined market wealth of top seven BSE Sensex companies surged by a whopping Rs 97,394 crore last week. In the list of top-10
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ONGC, Oil India to buy IOC stake at Rs 220 per share
Mar 06, 2014, 04:14 PM ISTNew Delhi: State-owned ONGC and Oil India Ltd (OIL) are likely to buy a 10 per cent stake in Indian Oil Corp (IOC) from the government at Rs 220 per share, aggregating about Rs 5,300
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Market-cap of 8 Sensex firms up Rs 25,815 crore; TCS, ONGC shine
Dec 29, 2013, 04:25 PM ISTMumbai: The combined market capitalisation of eight Sensex companies rose by Rs 25,815 crore last week, with giants TCS and ONGC contributing the most.Among the top-10 Sensex companies, only Reliance Industries and Coal India lost
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Vietnam seeks investments from India Inc
Nov 22, 2013, 09:30 PM ISTMumbai: Vietnam on Friday sought investments from Indian industry in areas such as oil & gas, technology and infrastructure, saying that trade between the two nations could go up to US$ 7 billion by 2015.
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ONGC inducts third offshore supply vessel
India | Nov 07, 2013, 08:52 AM ISTMumbai: Oil and Natural Gas Corp (ONGC) Wednesday flagged off its latest offshore supply vessel (OSV), a step that will strengthen the state-owned exploration giant's operational infrastructure.`LJ Johnson' was flagged off from Nhava Sheva, about
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Sensex falls 132 points, most this month; IT stocks decline
Oct 17, 2013, 07:04 PM ISTMumbai: The benchmark Sensex fell 132 points, the most this month, dragged down by IT stocks as investors shrugged off a deal reached by US lawmakers to end the government shutdown and increase the debt
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History awaits ONGC in Durand Cup final
Football | Sep 19, 2013, 11:10 AM ISTNew Delhi: History awaits ONGC as the former I-League club takes on 1940 Durand Cup winners Mohammedan Sporting in the final of the 126th edition of the tournament here Thursday.ONGC, a club founded in 2006,
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ONGC board approves USD 560 mn Rajasthan investment plan
Sep 12, 2013, 06:56 PM ISTNew Delhi: State-owned Oil and Natural Gas Corp (ONGC) has approved a $ 560 million project for enhancing oil recovery at the prolific Rajasthan oilfields.“Our board earlier this week approved the Enhanced Oil Recovery (EOR)