The gossips had been doing rounds that Sudhir Bhargava is being given extension as CMD, ONGC despite the fact that PESB had selected D K Sarraf for next CMD, ONGC. The gossips had some some substance as well. PMO had been considering the advocacy of Petroleum Minister in favour of Bhargava. But certain sudden developments indicate that D K Sarraf would be issued with the appointment orders soon as next CMD of ONGC. Gossip goes on till it reaches to the logical end.