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The government has so far garnered ₹15,247 crore through disinvestment in the current fiscal year against the target of ₹80,000 crore. Photo: Pradeep Gaur/Mint

Thu, Nov 15 2018. 01 35 PM IST

Govt invites bids from i-bankers for selling stakes in NIACL, GIC

CCEA approved in Jan 2017 public listing of 5 state-owned non-life insurance firms & reducing govt’s stakes to 75%

Sensex and Nifty ended higher in a volatile session.

Thu, Nov 15 2018. 09 43 AM IST

Nifty reclaims 10,600 mark, Jet Airways shares surge 25%

Shares of Jet Airways climbed 24.52% on reports that Tata Group was in talks to buy a controlling take in the airline.

While ONGC received 95% of output from 60 large fields, 149 smaller fields contributed a mere 5%. Photo: Reuters

Tue, Nov 13 2018. 07 22 AM IST

Size does matter: Why govt wants ONGC to think big

A look at the rationale behind the government’s plan to sell 149 small oil and gas fields of ONGC

The Sensex was up 75 points while Nifty traded above 10,600 in early noon trade.

Mon, Nov 12 2018. 10 23 AM IST

Sensex trades on cautious note, Tata Motors, Yes Bank slide

Tata Motors, Yes Bank, PowerGrid, Here MotoCorp, SBI and IndusInd Bank were among the top losers in Sensex stocks.

While 95% of ONGC’s production was from 60 large fields, 149 smaller fields contributed a mere 5%. Photo: Reuters

Sun, Nov 11 2018. 07 28 PM IST

Govt weighing sale of 149 ONGC fields to private companies

The government is weighing sale of as many as 149 small and marginal oil and gas fields of ONGC to private and foreign companies and allow ONGC to focus only on big fields

On 1 October, the government dissolved the IL&FS board and appointed a new one. Photo: Mint

Sat, Nov 10 2018. 01 55 PM IST

Tripura government set to buy IL&FS shares in Palatana project

The 726.6 MW project, run by ONGC Tripura Power Company was launched in 2014 as a JV between ONGC, IDFC, IL&FS and the Tripura government

ONGC Q2 net profit of ₹8,265 crore was nearly 15% ahead of consensus estimates of analysts polled by Bloomberg. Graphic: Mint

Tue, Nov 06 2018. 09 54 AM IST

ONGC’s earnings beat is offset by subsidy sharing concerns

While ONGC did not share any of the government’s subsidy burden during the quarter, investors are a worried lot as far as subsidy goes

Benchmark indices BSE Sensex and NSE’s Nifty 50 traded lower on Monday. Photo: Mint

Mon, Nov 05 2018. 08 34 AM IST

Closing bell: Sensex, Nifty end lower; Axis Bank, SBI top gainers

The BSE Sensex closed 60.73 points down at 34,950.92, while the Nifty 50 ended 24.80 points lower at 10,528.20. Here are the highlights from the markets

Income from operations rose 47.5% to Rs 27,989 crore. Photo: Reuters

Sat, Nov 03 2018. 06 42 PM IST

Q2 results: ONGC profit rises 61%, beats estimates

ONGC’s net profit stood at Rs 8,265 crore in the quarter ended 30 September, compared with Rs 5,130 crore a year earlier

The 25-year contract for exploration and production of oil and gas from Cairn India’s Barmer oil block in Rajasthan, in which ONGC holds a 30% stake, was due for renewal in 2020. Photo: Reuters

Wed, Oct 31 2018. 04 09 AM IST

Cairn India to invest $4 bn in Rajasthan’s Barmer oil block

The Delhi high court has allowed a 10-year extension to the Barmer oil block in Rajasthan on the condition that Vedanta’s Cairn India pays a higher share of profit to the government

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