Thursday, Jun 30, 2022
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Govt Gives ONCG, Vedanta Freedom To Sell Crude Oil

Govt Gives ONCG, Vedanta Freedom To Sell Crude Oil

While contracts for oilfields awarded since 1999 gave producers the freedom to sell oil, the government fixed buyers for crude produced from older fields, such as Mumbai High of ONGC and Ravva of Vedanta

29 June 2022
ONGC Seeks Minimum $17 Price For Bokaro Coal Gas

ONGC Seeks Minimum $17 Price For Bokaro Coal Gas

The reserve or floor price of gas will be 14 per cent of the Dated Brent crude oil Price plus $1 per million British thermal unit, ONGC said in the tender

21 June 2022

Anupam Agarwal Takes Over As OVL Director (Finance)

Anupam Agarwal has taken over as Director of Oil and Natural Gas Corporation Videsh Limited.

Stock Market Today: Sensex Surges Over 400 Points, Nifty Above 15,500

Stock Market Today: Sensex Surges Over 400 Points, Nifty Above 15,500

At 9:19 am, the 30-share BSE Sensex was trading 575 points or 1.09 per cent higher, whereas the NSE Nifty 50 index advanced 170.10 points or 1.08 per cent at...

16 June 2022

Stock Market Today: Sensex Falls Over 300 Points In Early Trade, Nifty Below 16,300

At 9:18 am, the BSE Sensex was down 299 points or 0.55 at 54,602, whereas the Nifty 50 index plunged 99 points or 0.61 per cent at 16,256

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08 June 2022
Sensex Rises Over 100 Points, Nifty Above 16,450 After RBI Hikes Repo Rate By 50 Basis Points

Sensex Rises Over 100 Points, Nifty Above 16,450 After RBI Hikes Repo Rate By 50 Basis Points

At 9:16 am, the BSE Sensex was up 85 points or 0.15 per cent at 55,192, whereas the Nifty 50 index surged 43 points or 0.26 per cent at 16,459.


07 June 2022
Investors Poorer By Over Rs 2 Lakh Crore As Markets Tumble

Investors Poorer By Over Rs 2 Lakh Crore As Markets Tumble

In tandem with weak equities, the market capitalisation of BSE-listed firms tumbled by Rs 2,08,291.75 crore to Rs 2,54,33,013.63 crore


07 June 2022
Stock Market Today: Sensex Slides Over 500 Points In Early Trade, Nifty Below 16,500

Stock Market Today: Sensex Slides Over 500 Points In Early Trade, Nifty Below 16,500

At 9:19 am, the BSE Sensex was trading 531 points or 0.95 per cent lower at 55,143, whereas the Nifty 50 index was trading 153 points or 0.93 per cent lower at...


06 June 2022
Stock Market Today: Sensex Opens In A Flat Note, Nifty Below 16,570

Stock Market Today: Sensex Opens In A Flat Note, Nifty Below 16,570

At 9:18 am, BSE Sensex dipped 72 points or 0.13 per cent at 55,696, whereas the Nifty 50 index slipped 16 points or 0.10 per cent at 16,567.


01 June 2022
Stock Market Today: Sensex Surges Over 100 Points, Nifty Above 16,600

Stock Market Today: Sensex Surges Over 100 Points, Nifty Above 16,600

At 9:18 am, the BSE Sensex was up 162 points or 0,29 per cent at 55,729, whereas the Nifty 50 index advanced 31 points or 0.19 per cent at 16,616. 


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31 May 2022
Stock Market Today: Sensex Slips Over 300 Points, Nifty Below 16,600

Stock Market Today: Sensex Slips Over 300 Points, Nifty Below 16,600

At 9:18 am, BSE Sensex was down 364 points or 0.65 per cent at 55,561, whereas the Nifty 50 index slipped 91 points or 0.55 per cent at 16,569. 


29 May 2022
ONGC Reports Highest Net Profit Of Rs 40,306 Crore; Becomes India's 2nd Most Profitable Firm

ONGC Reports Highest Net Profit Of Rs 40,306 Crore; Becomes India's 2nd Most Profitable Firm

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...


26 May 2022
ONGC To Invest Rs 31,000 Crore In Finding Oil, Gas

ONGC To Invest Rs 31,000 Crore In Finding Oil, Gas

In a statement, ONGC said its board held a meeting on Thursday to firm up its 'Future Exploration Strategy'.


24 May 2022
Stock Market Today: Sensex Opens On A Flat Note, Nifty Below 16,300 Amid Weak Global Cues

Stock Market Today: Sensex Opens On A Flat Note, Nifty Below 16,300 Amid Weak Global Cues

At 9:18 am, Sensex advanced 123 points or 0.23 per cent at 54,411, whereas Nifty 50 Index advanced 0.2 per cent at 16,247. 


16 May 2022
Government Puts Pawan Hans Sale On Hold Over NCLT Order Against Winning Consortium Member

Government Puts Pawan Hans Sale On Hold Over NCLT Order Against Winning Consortium Member

Pawan Hans is a 51:49 joint venture of the government and ONGC. The government had in December last year received three bids for the Pawan Hans sale.


06 May 2022
Star9 Mobility's To Acquire 51% Stake In Pawan Hans Helicopters In June

Star9 Mobility's To Acquire 51% Stake In Pawan Hans Helicopters In June

The government approved selling its 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL) along with the transfer of management control for Rs...


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29 April 2022
Star9 Mobility Private Ltd To Buy Government's 51% Stake In Pawan Hans

Star9 Mobility Private Ltd To Buy Government's 51% Stake In Pawan Hans

PHL is a 51:49 joint venture of the government and ONGC providing helicopter and aero mobility services.


25 April 2022
JSW Steel Denies Bidding For Pawan Hans; Says Not Interested In Asset

JSW Steel Denies Bidding For Pawan Hans; Says Not Interested In Asset

Recently, a media report quoting sources said that the company has submitted a bid to buy Pawan Hans, JSW Steel informed the stock exchanges.


24 April 2022
ONGC Commissions Rs 6,000 Crore Projects To Boost Oil, Gas Output

ONGC Commissions Rs 6,000 Crore Projects To Boost Oil, Gas Output

The state-of-the-art 8-legged water Injection-cum-Living Quarter platform has been installed as part of the implementation of the low salinity waterflood...


20 April 2022
India's Crude Oil Production Drops By 2.6% In FY22

India's Crude Oil Production Drops By 2.6% In FY22

India's crude oil production has been on a decline during the past few years. From 35.7 million tonnes in 2017-18, it fell to 34.2 million tonnes in the...


03 April 2022
ONGC To See $3 Billion Rise In Earnings, Reliance $1.5 Billion From Gas Price Hike

ONGC To See $3 Billion Rise In Earnings, Reliance $1.5 Billion From Gas Price Hike

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...


02 April 2022
ONGC OFS; Ruchi Soya FPO—What Are These And Do They Affect A Company’s EPS?

ONGC OFS; Ruchi Soya FPO—What Are These And Do They Affect A Company’s EPS?

Ruchi Soya recently came out with its FPO issue of Rs4,300 crore. ONGC too came out with its OFS. What do these terms mean and should you be concerned about...


31 March 2022
Energy Price Hike: Natural Gas Price Doubled To Record Levels, CNG Rates Likely To Go Up

Energy Price Hike: Natural Gas Price Doubled To Record Levels, CNG Rates Likely To Go Up

According to the oil ministry's Petroleum Planning and Analysis Cell (PPAC), the price of gas produced the nation's largest gas field of Bassein of ONGC, will...


31 March 2022
ONGC Share Sale Fully Subscribed, Government To Get Rs 3,000 Crore Next Fiscal

ONGC Share Sale Fully Subscribed, Government To Get Rs 3,000 Crore Next Fiscal

The government is selling up to 1.5 per cent of its stake in the country's top oil and gas producer ONGC at a floor price of Rs 159 per share.


29 March 2022
ONGC OFS To Open Tomorrow, Govt To Divest 1.5% Stake To Raise Rs 3,000 Crore

ONGC OFS To Open Tomorrow, Govt To Divest 1.5% Stake To Raise Rs 3,000 Crore

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


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