Articles for Ongc, search results for centre

ONGC Videsh sets up global treasury centre at GIFT City
1 year, 2 months ago

ONGC Videsh sets up global treasury centre at GIFT City

Live Mint  

ONGC Videsh Ltd has incorporated a wholly owned subsidiary called OVL Overseas IFSC Ltd in Gujarat’s GIFT City that will function as a treasury hub catering to OVL and its 25 subsidiaries, including step-down subsidiaries, across 15 countries. OOIL expects to efficiently consolidate funds available with the group in various countries and raise additional funds needed to achieve the ambitious …

India Oil Ongc Gift City Videsh Ongc Videsh
Supreme Court issues notices to Centre, ONGC on appeal of Vedanta Ltd related to Barmer oil field in Rajasthan
2 years, 7 months ago

Supreme Court issues notices to Centre, ONGC on appeal of Vedanta Ltd related to Barmer oil field in Rajasthan

Firstpost  

Vedanta Ltd has moved the top court against the 26 March judgement of a division bench of the Delhi High Court setting aside a single judge order directing the Centre to extend till 2030 its PSC with Vedanta Ltd and ONGC to produce oil from the Barmer oil field New Delhi: The Supreme Court on Friday sought a response from …

Oil Court Delhi High Court Judge Centre Bench Vedanta
SC issues notices to Centre, ONGC on appeal of Vedanta Ltd relating to Barmer oil field
2 years, 7 months ago

SC issues notices to Centre, ONGC on appeal of Vedanta Ltd relating to Barmer oil field

India TV News  

The Supreme Court on Friday sought a response from the Centre on an appeal of Vedanta Ltd against a Delhi High Court verdict related to a production sharing contract of Vedanta and the ONGC to produce oil from the Barmer oil field in Rajasthan. Vedanta Ltd has moved the top court against the March 26 judgement of a division bench …

Oil Court Judge Centre Bench Vedanta Ongc
ONGC and Reliance to Roar After Windfall Tax Cut: Morgan Stanley
2 years, 7 months ago

ONGC and Reliance to Roar After Windfall Tax Cut: Morgan Stanley

News 18  

A surprise cut in additional taxes imposed on fuel exports and crude oil production has spiked energy sector prospects, said global brokerage Morgan Stanley. “While in absolute terms the windfall taxes are still high, we believe steady normalisation in local fuel availability, stability in oil prices, more normalised global fuel margins, and currency stability will help further reduction in windfall …

Tax Oil Taxes Margins Reliance Ongc Oil India
Centre slashes windfall tax on fuel: Reliance Industries shares climb over 4%, ONGC jumps 7%
2 years, 7 months ago

Centre slashes windfall tax on fuel: Reliance Industries shares climb over 4%, ONGC jumps 7%

Firstpost  

The government on Wednesday slashed the windfall tax on petrol, diesel, jet fuel and crude oil following a decline in international rates. It scrapped Rs 6 a litre tax on export of petrol and reduced the same on ATF from Rs 6 a litre to Rs 4 New Delhi: Shares of firms related to oil exploration and refineries were in …

Tax Oil Reliance Industries Cent Petrol Windfall Tax Jet Fuel
Cyclone Tauktae: Landfall process continues at Gujarat coast; Mumbai resumes flight services
3 years, 9 months ago

Cyclone Tauktae: Landfall process continues at Gujarat coast; Mumbai resumes flight services

Live Mint  

Cyclone Tauktae At least six person have died in Maharashtra's Konkan region in separate incidents related due to heavy rain and gusty winds caused by Cyclone Tauktae. Landfall process of cyclone Tauktae continues; Heavy rainfall over districts of south Gujarat The weather department said that the landfall process of the cyclonic storm Tauktae have continued in the Gujarat coast. Cyclone …

Karnataka Indian Railways Mumbai Kolkata Goa Navy Services
Strategic disinvestment of both HPCL, BPCL this year?
5 years, 4 months ago

Strategic disinvestment of both HPCL, BPCL this year?

Live Mint  

Not one but two oil companies - BPCL and HPCL - may go under the hammer this fiscal with state-owned oil and gas explorer ONGC now looking to sell its stake in recently-acquired refiner HPCL to a strategic investor, possibly an overseas oil company, to regain debt-free status of the company existing prior to the expensive buy. ONGC's 51.11% stake …

Oil Company Strategic Share Hpcl Bpcl Ongc
Government seeks bids for Pawan Hans by 22 August
5 years, 7 months ago

Government seeks bids for Pawan Hans by 22 August

Live Mint  

New Delhi: The government has initiated the second step for disinvestment of Pawan Hans Limited, inviting expression of interest from the prospective bidders to sell its stake in the helicopter PSU. After an unsuccessful attempt for sale of Pawan Hans earlier this year, the government provided indemnity to the potential buyers against contingent liability of over ₹500 crore in the …

Pawan Ongc Hans Contingent Phl Pim Pawan Hans
ONGC, IOC, GAIL, NTPC may lose PSU tag after equity dilution
5 years, 8 months ago

ONGC, IOC, GAIL, NTPC may lose PSU tag after equity dilution

Live Mint  

New Delhi: Several of 'maharatna' and 'navratna' companies, including ONGC, IOC, GAIL and NTPC, could soon become independent board-run entities outside the scrutiny of CAG and CVC if the government implements a proposal to take out the PSU tag from some of the entities after its shareholding falls below the threshold 51% mark. Government sources said that Finance Ministry is …

Companies Company Run Corporation Ioc Gail Ntpc
Centre invites fresh bids to sell Pawan Hans; Details inside
5 years, 8 months ago

Centre invites fresh bids to sell Pawan Hans; Details inside

India TV News  

Centre invites fresh bids to sell Pawan Hans; Details inside The Centre on Thursday invited fresh bids for offloading its stake in Pawan Hans Ltd. Previously also the government attempted to sell the country's biggest public sector helicopter operator. The Centre on Thursday invited fresh bids for offloading its stake in Pawan Hans Ltd. However, in case state-run ONGC is …

Cent Sell Stake Ongc Phl Pawan Hans Fresh Bids
Tamil Nadu: Vedanta, ONGC get nod for oil exploration, Opposition criticises Centre
5 years, 10 months ago

Tamil Nadu: Vedanta, ONGC get nod for oil exploration, Opposition criticises Centre

India Today  

Opposition parties in Tamil Nadu including the Dravida Munnetra Kazhagam, Pattali Makkal Katchi and Amma Makkal Munnetra Kazhagam on Monday condemned the permission granted to Vedanta and Oil and Natural Gas Corporation by the Ministry of Environment and Forests to carry out an environmental impact assessment for exploring hydrocarbons in Villupuram district of Tamil Nadu and in Puducherry. Reactions from …

Tamil Nadu Opposition Tamil Puducherry Nadu Dmk Vedanta
Centre asks ONGC to list overseas investment arm OVL on bourses to help achieve govt disinvestment target
6 years, 6 months ago

Centre asks ONGC to list overseas investment arm OVL on bourses to help achieve govt disinvestment target

Firstpost  

ONGC had helped the government meet its disinvestment target last fiscal when it bought a 51.11 percent stake in state-owned Hindustan Petroleum Corp Ltd for Rs 36,915 crore New Delhi: The government has asked ONGC to list its overseas investment arm, ONGC Videsh Ltd on stock exchanges and transfer proceeds to it in the form of a special dividend, helping …

Oil Investment Oil Prices Crore List Target Ongc
Government notifies incentives to state-owned oil firms in pre-NELP blocks; new rule applies to 11 fields
6 years, 6 months ago

Government notifies incentives to state-owned oil firms in pre-NELP blocks; new rule applies to 11 fields

Firstpost  

The Centre has notified a new policy requiring state-owned ONGC and OIL to pay royalty and cess only to the extent of their equity holding in certain pre-1999 oil and gas fields. The government has notified a new policy requiring state-owned Oil and Natural Gas Corp Ltd and Oil India Ltd to pay royalty and cess tax only to the …

Government Royalty Oil Income Tax Gas Statutory Fields
Petrol, diesel prices at record high: Govt may levy windfall tax on ONGC to curb spiralling retail fuel rates
6 years, 9 months ago

Petrol, diesel prices at record high: Govt may levy windfall tax on ONGC to curb spiralling retail fuel rates

Firstpost  

The government may levy a windfall tax on oil producers like ONGC as part of a permanent solution for moderating the spiralling prices of petrol and diesel New Delhi: The government may levy a windfall tax on oil producers like Oil and Natural Gas Corp as part of a permanent solution it is working on for moderating the spiralling retail …

Retail Tax Oil Prices Oil Prices Petrol Vat
Indian Overseas Bank storms to Federation Cup title
6 years, 10 months ago

Indian Overseas Bank storms to Federation Cup title

The Hindu  

Indian Overseas Bank ousted Oil and Natural Gas Corporation 62-43 to emerge men’s champion in the senior Federation Cup basketball championships, which concluded at the Chittoor District Sports Authority courts on Sunday night. IOB’s vigilance with defensive rebounds saw several ONGC attempts roll off the rim and out of the ring. G. Rojamol’s brace of three-pointers saw Kerala wrest the …

Kerala Ongc Iob
ONGC Videsh files arbitration claim against Sudan over unpaid oil dues
6 years, 10 months ago

ONGC Videsh files arbitration claim against Sudan over unpaid oil dues

Live Mint  

New Delhi: The foreign acquisition unit of Oil and Natural Gas Corp. Ltd’s has filed an arbitration claim against the government of Sudan in a London court, a company official said, seeking to recover dues pending for years from a project hit by the breakaway of South Sudan in 2011. People familiar with the matter in India and Sudan said …

Arbitration Oil Ongc South Sudan Ongc Videsh Videsh Files Gnop
Delhi High Court refuses to interfere with Sambit Patra's appointment as ONGC director
7 years, 4 months ago

Delhi High Court refuses to interfere with Sambit Patra's appointment as ONGC director

Firstpost  

The Delhi High Court on Monday refused to interfere with the appointment of BJP national spokesperson Sambit Patra as an independent director New Delhi: The Delhi high court on Monday refused to interfere with the appointment of BJP national spokesperson Sambit Patra as an independent director on the board of the oil and natural gas corporation. A bench of acting …

Delhi Delhi High Court Bjp Appointment Ngo Court Refuses Ongc
Delhi high court won’t interfere with Sambit Patra’s appointment as ONGC director
7 years, 4 months ago

Delhi high court won’t interfere with Sambit Patra’s appointment as ONGC director

Live Mint  

New Delhi: The Delhi High court on Monday refused to interfere with the appointment of BJP national spokesperson Sambit Patra as an independent director on the board of the Oil and Natural Gas Corporation. A bench of Acting Chief Justice Gita Mittal and justice C. Hari Shankar refused to entertain the PIL which also sought cancellation of the appointment of …

Delhi Ngo Ongc Patra
‘Energy Watchdog’ Challenges Shashi Shanker, Sambit Patra’s Appointments As ONGC CMD, Director
7 years, 4 months ago

‘Energy Watchdog’ Challenges Shashi Shanker, Sambit Patra’s Appointments As ONGC CMD, Director

Live Law  

Energy Watchdog, a society working for protection of consumer interest in energy sector, has moved the Delhi High Court challenging the appointments of Shashi Shanker and BJP spokesperson Sambit Patra as the CMD and non-official director of Oil & Natural Gas Corporation, respectively.The petition, filed through advocate Prashant Bhushan, challenged the two appointments made. Energy Watchdog, a society working for …

Independent Director Natural Gas State Bjp Pil Shanker
SC disposes royalty payment case between ONGC, Oil India and Assam govt
8 years ago

SC disposes royalty payment case between ONGC, Oil India and Assam govt

Live Mint  

New Delhi: The Supreme Court on Tuesday disposed of a case relating to royalty payment of Rs6,323 crore for onshore drilling by Oil and Natural Gas Corp. Ltd, Oil India Ltd and the Assam government as the parties reached a settlement. The Centre informed the court that as per an agreement reached between the ministry of petroleum and natural gas, …

India Royalty Oil Assam Pay Oil India Centre Ongc
Patriotic fervour marks Independence-Day in Rajahmundry
8 years, 6 months ago

Patriotic fervour marks Independence-Day in Rajahmundry

Deccan Chronicle  

RAJAHMUNDRY: Independence day celebrations were held with patriotic fervour as officials from government and private offices, educational institutions and political leaders from political parties hoisted the National Flag in Godavari districts on Monday. He said that the company management had approved to induct two type III rigs to intensify drilling operation as part of exploration for oil and gas in …

Ongc
15 killed, 18 injured in AP blaze after gas pipeline bursts
10 years, 8 months ago

15 killed, 18 injured in AP blaze after gas pipeline bursts

The Hindu  

At least 15 people were charred to death and 18 suffered burns in a massive explosion in a GAIL-operated pipeline passing through Nagaram village in East Godavari district of Andhra Pradesh. The blast occurred in the pipeline maintained by Gas Authority of India Limited carrying gas to the Lanco power station at Kondapalli near Vijayawada. When Vaka Nageswara Rao, who …

Gas Lakh Pipeline Gail Ongc Nagaram
ONGC claims RIL took its natural gas; HC seeks Centre's reply
10 years, 9 months ago

ONGC claims RIL took its natural gas; HC seeks Centre's reply

India TV News  

New Delhi: The Delhi High Court today sought response of the Centre and Reliance Industries Ltd on a plea by state-owned Oil and Natural Gas Corporation which has accused the Mukesh Ambani-led group of exploiting gas from its natural gas block in Krishna-Godavri basin. Justice Manmohan issued notice to the Ministry of Petroleum and Natural Gas, directorate General of Hydrocarbons …

Gas Natural Gas Centre Natural Ongc Ril Its Natural Gas
ONGC Himachal youth football festival to kick off from September 4
12 years, 6 months ago

ONGC Himachal youth football festival to kick off from September 4

India TV News  

New Delhi, Sep 1: The first thing that strikes your mind would be the beautiful hilly landscape of the state that has remained the centre of attraction since its creation. Football has recently seen an upsurge in the state which otherwise was dormant till two years ago. Secy., Deepak Sharma, the state suddenly saw its people taking keen interest in …

Football Teams Ongc Youth Football Festival