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Business Today

With an over 2 per cent gain in its share price, the public sector coal giant on Wednesday achieved a market value of Rs 2,51,296 crore, which was over Rs 4,000 crore more than that of private sector energy giant Reliance Industries Ltd (RIL).

 
 
The company has reported a sales turnover of Rs 1,851 crore, an increase of 33 per cent, compared to Rs 1,388 crore in the corresponding quarter of last year.
ONGC is without a chairman since end-January when R S Sharma retired, on attaining superannuation at the age of 60 years.
State-owned Indian Oil Corporation raises $500 million through an overseas bonds issue to fund its capital needs.
The funds will be spent on new mining projects, as well as for building washeries and buying new machinery and equipment, Chairman and Managing Director N C Jha said.
The much talked about Rs 11,500 crore share sale of state-run Oil and Natural Gas Corp has been deferred again and is unlikely to hit the market before mid-August.
BSNL's seven factories, located at Jabalpur, Richhai, Bhilai, Kolkata, Gopalpur, Kharagpur and Mumbai, are involved in manufacturing a range of telecom products.
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