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Oil And Natural Gas Corporation Ongc
Business  /  Published 01.07.20

ONGC reports quarterly loss of Rs 3,098 crore

Oil and Natural Gas Corp (ONGC) on Tuesday reported its first-ever quarterly loss after it took an impairment on slumping prices. India’s top oil and gas producer reported a Rs 3,098 crore loss...
By Our Special Correspondent in New Delhi

Business  /  Published 28.11.19

ONGC raises $300m at lowest rate

State-owned Oil and Natural Gas Corp (ONGC) has raised $300 million in overseas borrowing at a coupon rate of 3.375 per cent, the lowest by any Indian issuer, to meet its capital expenditure.The 10-ye...
By Our Special Correspondent in New Delhi

Business  /  Published 28.05.20

Cairn told to pay $520 million as profit share

The government has slapped a $520-million (around Rs 3,941 crore) demand notice on billionaire Anil Agarwal’s oil and gas unit Cairn after an audit found alleged discrepancies in cost recovery in th...
By PTI in New Delhi

Business  /  Published 06.10.19

Path clear for privatisation of BPCL

Ahead of a proposed move to fully privatise state-owned fuel retailer Bharat Petroleum Corp Ltd (BPCL), the government had quietly repealed the legislation that had nationalised the company, doing awa...
By PTI in New Delhi

Jharkhand  /  Published 23.08.19

BIT-Sindri alumna returns with success story

BIT-Sindri welcomed a distinguished guest on Friday, who visited her alma mater after 35 years, barring a brief trip in 2014, and shared her success story with the wide-eyed BTech students on the camp...
By Praduman Choubey in Dhanbad

Business  /  Published 14.02.19

ONGC net profit jumps 65% in Q3

ONGC’s third-quarter net profit jumped 65 per cent to Rs 8,262.70 crore on higher prices for oil and gas output, from Rs 5,014.67 crore in the same quarter of the previous financial year.However, ON...
By Our Special Correspondent in New Delhi

Business  /  Published 02.01.20

Poor response to oil auction

The fourth round of auction for oil and gas blocks saw only two PSUs — ONGC and Oil India Limited — submitting bids for seven fields. Oil and Natural Gas Corporation (ONGC) bagged all the seven oi...
By Our Special Correspondent in New Delhi

Business  /  Published 14.03.19

Prized ONGC asset sale nixed

Top executives of Oil and Natural Gas Corporation (ONGC) and bureaucrats within the government have successfully thwarted an attempt by the Niti Aayog to privatise the country’s largest oil and gas ...
By Our Special Correspondent in New Delhi

Business  /  Published 16.05.19

Reliance Industries tables bid for oil block

Reliance Industries along with BP have bid for an exploration acreage for the first time in their eight-year partnership under the government’s open acreage licensing policy for oil and gas that has...
By Our Special Correspondent in New Delhi

Opinion  /  Published 08.11.19

The great public sector selloff

“Scooters India to be sold” blared the headline. The year was 1985 and it caught my eye because this was a very different era, long before it was fashionable to talk about selling off public-secto...
By Paran Balakrishnan in


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