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ONGC's demand for being recognised as the promoter of the company.

HPCL continues to not recognise ONGC as its promoter

ONGC earlier this year bought the government's entire 51.11 per cent stake in HPCL for Rs 36,915 crore.

31 Oct 2018 6:07 PM

Five of the 10 most valued companies in the country together added Rs 31,381.39 crore in market valuation last week, with ITC topping the chart.

Five of top-10 companies add Rs 31,381 crore in market capitalisation

While HUL, ITC, Infosys, Kotak Mahindra Bank and ONGC saw addition in their m-cap for the week ended Friday.

21 Oct 2018 5:41 PM

The Centre aims at creating two or three large entities with integrated operations across oil exploration, refining and marketing. (Photo: DC)

Govt plans to end anti-competitive, complex cross-holding in oil PSUs

Government divests its stake by taking the entire proceeds from sale of shares cross held by oil PSUs.

15 Oct 2018 8:46 AM

ONGC got over Rs 3,000 crore in dividend income from investments in IOC and GAIL in 2017-18 financial year.

ONGC not in a hurry to offload stake in IOC, GAIL

ONGC holds 13.77 per cent stake in oil refiner IOC and 4.86 per cent in gas utility GAIL India.

02 Oct 2018 2:29 PM

Seven of the 10 most valued Indian companies suffered a cumulative erosion of Rs 89,779.67 crore in market valuation last week, in tandem with a weak broader market.

Seven of top-10 companies lose Rs 89,779 crore in market valuation

Over the last week, the Sensex lost a hefty 1,249.04 points, or 3.28 per cent, to end at 36,841.60.

23 Sep 2018 12:59 PM

To bust this syndicate, a 12 men team of crime branch under the supervision of ACP Aditya Gautam and DCP Bhisham Singh was constituted. (Representational image)

Delhi police busts pan-India gang, arrests 7 people

ONGC filed a complaint that anonymous persons are duping unemployed youths on the pretext of providing jobs in the company.

19 Sep 2018 5:41 AM

The Law Ministry has held that an international arbitration panel's ruling rejecting the government's demand for USD 1.5 billion from Reliance Industries and its partners for allegedly siphoning gas from fields of ONGC is a fit case for appeal, sources in know of the development said. (Photo: PTI)

Govt to appeal against panel rejecting its USD 1.5 bn claim against Reliance

It felt the award is a fit case for a challenge in the High Court.

16 Sep 2018 11:23 AM

The government has extended the deadline to September 19 for submitting initial bids for 51 per cent stake sale in helicopter services provider Pawan Hans, according to a communication.

Pawan Hans stake sale: Govt extends deadline for initial bids

The previous deadline for expression of interest (EoI) was to end on Wednesday.

13 Sep 2018 1:20 PM

OVL said it would continue with the arbitration process and work simultaneously with Sudan to find out a suitable mechanism of resolving the issues.

Sudan wants ONGC Videsh to withdraw arbitration over oil payment dues

At the centre of dispute is ONGC’s 25 per cent stake that the company had acquired in GNOP in Sudan in 2003.

17 Aug 2018 11:02 AM

In a rebuff to BP plc, an international tribunal has held that the British energy giant cannot claim any legal cost from the Indian government.

Tribunal rejects BP's claim for legal cost against govt

Dharmendra Pradhan last week said the government will challenge the award in Delhi High Court.

12 Aug 2018 11:53 AM

ONGC had in January this year bought the government's entire 51.11 per cent stake in HPCL for Rs 36,915 crore.

HPCL digs in heels, says acting as per statute in not recognising ONGC as promoter

ONGC seeking recognition as the promoter of the company post-acquisition of majority stake in HPCL.

09 Aug 2018 1:16 PM

The board of ONGC has, for the second time in just over a month, approved selling its entire 49 per cent stake in helicopter service provider Pawan Hans alongside government's privatisation bid, officials with direct knowledge of the development said.

ONGC board approves stake sale in Pawan Hans

ONGC board had first on June 29 approved exiting Pawan Hans.

06 Aug 2018 4:11 PM

ONGC increased its borrowings by about Rs 25,000 crore in January 2018.

High operating profit to help ONGC cut borrowings, says Moody's

ONGC reported 47.2 per cent increase in EBITDA or operating profit to Rs 14,240 crore.

06 Aug 2018 1:56 PM

Govt to appeal arbitration ruling on Reliance, ONGC dispute

International tribunal in favour of RIL and its international partners in a dispute over gas migration from fields operated by ONGC.

03 Aug 2018 12:50 PM

An international arbitration tribunal has rejected Indian government's claim of USD 1.55 billion against Reliance Industries and its partners for allegedly syphoning gas from deposits they had no right to exploit. (Photo: PTI)

Reliance Industries wins arbitration award in gas dispute with govt

The Consortium is not liable to pay any amount to the Government of India.

01 Aug 2018 12:57 PM

The government has moved Delhi High Court to enforce a USD 3.8 billion recovery from Reliance Industries, Shell and ONGC.

Govt moves Delhi HC to recover USD 3.8 bn from Reliance, Shell, ONGC

The liability is to be split between the three companies in proportion to their stake in the fields.

25 Jul 2018 5:27 PM

The repair team had to be winched down from a helicopter.

Navy helps ONGC plug gas leak on offshore platform

The Navy’s Dornier took the ONGC team to the platforms where the leak was plugged.

24 Jul 2018 2:26 AM

Oil and Natural Gas Corp Ltd and Oil India Ltd will pay royalty and cess tax only to the extent of their equity holding in oil and gas blocks given to them before 1999, Oil Minister Dharmendra Pradhan said on Wednesday after a cabinet meeting.

Govt offers incentives to state-owned oil and gas firms

Pradhan said the government also decided to give tax exemption on capital spending on oil and gas blocks given before 1999.

18 Jul 2018 6:44 PM

ONGC wants its interest to be clubbed with the 51 per cent govt stake that is already on offer for sale.

ONGC board approves exiting Pawan Hans, to sell 49 pc stake

The government will now modify the EoI and include ONGC stake sale also along with its own.

18 Jul 2018 10:46 AM

Bids have been received for Pawan Hans stake sale, Choubey said here.

Govt receives bids for Pawan Hans stake sale

The last date for submission of initial bids was June 18.

20 Jun 2018 4:26 PM

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Dilip Cherian