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Oil and Natural Gas Corp

Govt plans tough annual targets for state-run firms to boost valuations

Finance

21 December, 2020

Govt plans tough annual targets for state-run firms to boost valuations

India plans to set tough financial targets for state-run firms to try to improve their valuations ahead of a push ......

Stocks sink most in over 4 years on coronavirus panic, oil price crash

Markets

09 March, 2020

Stocks sink most in over 4 years on coronavirus panic, oil price crash

Indian stocks on Monday recorded their worst single-day fall in more than four years, tracking global markets lower, as panic ......

Reliance counters govt move to enforce arbitration as Aramco deal faces hurdle

Manufacturing

24 December, 2019

Reliance counters govt move to enforce arbitration as Aramco deal faces hurdle

India’s biggest company Reliance Industries Ltd has called a government move to try and force the refinery-to-telecoms behemoth to pay ......

More M&As likely among state energy companies, hints oil minister

Manufacturing

23 January, 2018

More M&As likely among state energy companies, hints oil minister

India could see more integration among state oil companies, its oil minister said on Monday, following top producer ONGC's $5.8 ......

ONGC to acquire majority stake in HPCL for $5.8 bn

Manufacturing

22 January, 2018

ONGC to acquire majority stake in HPCL for $5.8 bn

India’s biggest explorer Oil and Natural Gas Corp (ONGC) has agreed to buy the government’s majority stake in state-refiner Hindustan ......

ONGC buys 15% stake in Namibia offshore block

Manufacturing

21 November, 2017

ONGC buys 15% stake in Namibia offshore block

ONGC Videsh Ltd, the overseas investment arm of the country’s top explorer Oil and Natural Gas Corp, said on Tuesday ......

Indian Oil to acquire 50% stake in Adani-GSPC's LNG terminal

Manufacturing

04 August, 2017

Indian Oil to acquire 50% stake in Adani-GSPC's LNG terminal

State-run refiner Indian Oil Corp said on Friday its board has given its in-principle approval to acquire a stake of ......