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BusinessToday.in
New Delhi, February 9, 2018
Oil and Natural Gas Corporation (ONGC) recorded a net profit of Rs 5,015 crore in quarter ending December 31, registering 15.2 per cent jump on QoQ basis. The net profit for this quarter is higher than Rs 4,352.33 crore in the same period a year ago.


www.businesstoday.in
January 9, 2018



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December 18, 2017



Nevin John
New Delhi, November 6, 2017
Selling 60 per cent stake in 11 oil and gas fields of state-run ONGC has some strong positives - it will bring in private investment and global majors to buy into India's energy story.


PTI
New Delhi, October 29, 2017
State-owned Oil and Natural Gas Corporation (ONGC) on Saturday reported a 3.1 per cent rise in its second quarter net profit as impressive gain from rising oil prices were taken away by fall in government mandated natural gas rates.


Reuters
New Delhi, September 27, 2017
The sales plan would affect so-called \"nomination blocks\" or fields handed to state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd. The fields are both onshore and offshore.


Mahesh Nayak
July 24, 2017
So the question arises: Can the Indian government can do what the US government did 10 years back after the 2008 global financial crisis? What US government then did was politically a bad move of buying equities in companies being bailed out. But economically it was a good move and it helped the US economy recover better than expected.


BusinessToday.in
New Delhi, January 13, 2017
The Asian market saw a dip in Friday's morning trade while the US dollar was set to record a losing week on the back of investors anticipating President-elect Trump to stress on economic policies.


Saurabh Sharma
New Delhi, November 8, 2016
Financial conditions of some PSUs are so bad that at least 74 units have been identified by NITI Aayog for closure. Some PSUs that have figured in closure list are Bird Jute and Exports, Hindustan Papers, Hindustan Photo Films, Tyre Corporation and Richardson & Cruddas. 


PTI
New Delhi, September 30, 2016
Rate of natural gas produced from existing fields of state-owned Oil and Natural Gas Corp (ONGC) and Reliance Industries has been cut to $2.5 per mmBtu for a 6-month period from October 1, from $3.06 per mmBtu currently.


BusinessToday.in
New Delhi, September 9, 2016
Shares of ONGC gained 2 per cent after the company said it is in talks to buy a stake in GSPC's KG basin block and has hired US-based consultant Ryder Scott to assess natural gas reserves.


PTI
New York, July 21, 2016
Indian Oil Corp is ranked highest at 161st among Indian firms, while another state-run firm ONGC has moved out of the rankings for 2016.


PTI
New Delhi, February 11, 2016
Net profit in October-December at Rs 1,286 crore was 64 per cent lower than Rs 3,571 crore in the same period a year ago, ONGC chairman and managing director DK Sarraf said.


PTI
New Delhi, January 15, 2016
The fall in cost of services, however, will lower the financial outgo, it said. There will be no cut in capex activities.


Mail Today Bureau
New Delhi, January 8, 2016
The new dividend policy has hiked the dividend income for the Central government from the earlier rates of 20 per cent of profit after tax (PAT) or 20 per cent of equity, whichever is higher.


IANS
Mumbai, December 25, 2015
The Mukesh Ambani-led Reliance Industries also held on its second ranking, with $57.96 billion revenue


PTI
November 23, 2015
With eight months of the current fiscal about to be over, the government has been able to sell stake only in four companies PFC, REC, Dredging Corp and IOC to net Rs 12,600 crore.


Reuters
October 20, 2015
ONGC Videsh Ltd (OVL) hopes to capitalise on cheaper assets after a slump in oil prices and Prime Minister Narendra Modi's diplomatic efforts to boost the global presence of Indian firms.


Mail Today Bureau
New Delhi, October 1, 2015
The government on Wednesday cut the prices of natural gas by a steep 18 per cent to $3.82 per unit, the biggest reduction in rates ever.


PTI
New Delhi, September 30, 2015
The price cut will bring gains for users in the power and fertiliser sector in the form of lower feedstock cost.


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