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ONGC takes over KG basin block from GSPC for $995 mn

Manufacturing

04 August, 2017

ONGC takes over KG basin block from GSPC for $995 mn

Oil and Natural Gas Corp Ltd, India's top explorer, said on Friday it has bought 80 percent participating interest and ......

Govt clears plan to sell stake in Hindustan Petroleum to ONGC

Manufacturing

19 July, 2017

Govt clears plan to sell stake in Hindustan Petroleum to ONGC

India has approved explorer Oil and Natural Gas Corp's (ONGC) plan to buy its 51.1 percent stake in state-refiner Hindustan ......

ONGC to acquire GSPC's KG basin assets for $1.2 bn

Manufacturing

30 December, 2016

ONGC to acquire GSPC's KG basin assets for $1.2 bn

Oil and Natural Gas Corp (ONGC), India’s biggest explorer, has agreed to acquire Gujarat State Petroleum Corporation’s (GSPC) 80% stake ......

Tata boardroom war costs LIC $370 mn; should it be worried?

General

04 November, 2016

Tata boardroom war costs LIC $370 mn; should it be worried?

Since the ouster of Cyrus Mistry last month, many investors have been concerned about the value of their investments in ......

Govt asks Reliance Industries to pay $1.55 bn for drawing ONGC's gas

Manufacturing

04 November, 2016

Govt asks Reliance Industries to pay $1.55 bn for drawing ONGC's gas

The government has sought USD 1.55 billion from Reliance Industries and its partners for drawing natural gas belonging to state-owned ......

Bombay High Court asks ONGC to release $21 mn in payments to Swiber

Manufacturing

19 October, 2016

Bombay High Court asks ONGC to release $21 mn in payments to Swiber

A local unit of Singapore’s Swiber Holdings Ltd, which is battling bankruptcy at home, has got a breather after the ......

Economy round-up: Reforms for services trade likely; SEBI to review rules for brokers

General

27 September, 2016

Economy round-up: Reforms for services trade likely; SEBI to review rules for brokers

The government could soon usher in a slew of reforms to tackle the problem of a shrinking trade surplus in ......

OVL's Vankor stake buy, RCom-Aircel merger dominate deals space

TMT

17 September, 2016

OVL's Vankor stake buy, RCom-Aircel merger dominate deals space

In the deals space, the week gone by saw companies operating across sectors as diverse as finance, agriculture and cosmetics ......

ONGC Videsh buys 11% more in Rosneft's Vankor field for $930 mn

Manufacturing

15 September, 2016

ONGC Videsh buys 11% more in Rosneft's Vankor field for $930 mn

ONGC Videsh Ltd today signed an agreement to raise stake in Russia's Vankor oil field by 11 per cent to ......

ONGC, Swiber settle dispute over bank guarantee

Manufacturing

08 September, 2016

ONGC, Swiber settle dispute over bank guarantee

State-run Oil and Natural Gas Corporation (ONGC) and a local unit of Singapore’s Swiber Holdings Ltd have agreed to settle ......