The DIPAM, in 2020, advised CPSEs to follow a consistent dividend policy and strive to pay higher dividends taking into account factors like profitability, capex requirements, cash/reserve and net worth
In a statement, ONGC said net profit for the fiscal FY22 (April 2021 to March 2022) soared 258 per cent to Rs 40,305.74 crore from Rs 11,246.44 crore in the previous financial year.
The government from April 1 increased the gas price paid to producers of oil and regulated fields from $2.9 per million British thermal units to $6.10, a record high
Net profit of Rs 12,825.99 crore, or Rs 10.20 a share, in July-September 2022-23 is compared with Rs 18,347.73 crore, or Rs 14.58 per share net profit in the same period a year ago
In a statement, ONGC said its board held a meeting on Thursday to firm up its 'Future Exploration Strategy'.
The OFS by the government will be open on March 30 and 31 for retail investors, ONGC said in a stock exchange filing on Tuesday
Under the agreement, the GAIL and AGCL will receive 50,000 standard cubic metre of gas each from Khubal Gas Gathering Station
The nation's top oil and gas producer got $75.73 for every barrel of crude oil it produced and sold in the third quarter of the current fiscal year as compared to $43.20 a barrel realisation in the same period of 2020-21