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Oil and gas PSUs and PSBs exempted from competition regulations

The government has exempted the merger of oil and gas PSUs as well as the PSBs from the purview of competition watchdog CCI to...

Moitra selected for Director (Onshore), ONGC

Public Sector hunter on Thursday selected Sanjay Kumar Moitra for the post of Director (Onshore), Oil and Natural Gas Corporation Limited (ONGC). Moitra will replace...

Govt. retains Rs 14,500 crore from Bharat-22 ETF subscriptions

The government has decided to retain Rs14,500 crore from the Rs 32,000 crore bids for the Bharat 22 exchange traded fund (ETF) comprising 22...

ONGC may approach PMO against DGH proposal

ONGC may approach the PMO against a proposal of the Directorate General of Hydrocarbons (DGH), reportedly backed by the Ministry for Petroleum & Natural...

Bharat-22 ETF NFO to open on Tuesday

The 'Bharat-22' Exchange Traded Fund's (ETF) NFO will be thrown open to anchor investors on November 14, 2017, while subscription for retail investors may...

PSUs and CSIR become generous donors for start-ups

IIT-Madras has reported in a research that PSUs and CSIR have been generous in supporting the government initiative on start-ups. It also shows that...

DHC dismisses PIL on ONGC appointments

The Delhi High Court has dismissed arguments to interfere with the appointment of BJP national spokesperson Sambit Patra as an independent director on the...

Subhash Kumar selected for Director Finance, ONGC

The Public Sector headhunter on Thursday selected Subhash Kumar for the post of Director (Finance), Oil and Natural Gas Corporation Limited (ONGC). Currently he...

ONGC and RIL sign agreement to share infrastructure

Public sector ONGC and Mukesh Ambani-led Reliance Industries Ltd (RIL) have agreed to share infrastructure in the KG Basin, following tough negotiations lasting for...

Bids invited for buyout of govt. stake in Pawan Hans

The government has invited bids from private and foreign companies to buy out its entire 51 percent stake along with management control in helicopter...

ONGC gets go-ahead for Rs 456-cr drilling project in Assam

ONGC will execute a Rs 456-crore exploratory drilling project in Sivasagar district of Assam. It will drill 10 wells in the petroleum lease areas...

Patra is Non Official Independent Director, ONGC

The NaMo administration on Friday cleared the appointment of Dr. Sambit Patra as Non Official Independent Directors on the Boards of Oil & Natural...

Sarraf may get a post-retirement gift

ONGC's current CMD Dinesh Sarraf may retire on September 30. However, he may get another job on superannuation: he is said to have been shortlisted...

Pradhan wants short initial term for new ONGC CMD

Petroleum Minister Dharmendra Pradhan has proposed to the ACC that Shashi Shanker, selected by the PESB as CMD for ONGC, be initially appointed for...

Patra appointed Non Official Independent Dir, ONGC

The NaMo Administration on 29 Sept appointed BJP's national spokesperson Sambit Patra as the non-official director on the board of Oil and Natural Gas...

HPCL-ONGC merger okayed

The central government would sell its 51% stake in HPCL to Oil and Natural Gas Corporation to create an oil giant to compete with...

Cabinet to decide shortly on merger of HPCL with ONGC

The Cabinet may take up in the next few days a proposal of Department of Disinvestment (DIPAM) for the amalgamation of the state-run refiner...

Twists in selection of ONGC CMD

The PESB on June 19 selected Shashi Shanker (Director, ONGC) as its CMD. This was in line with the expectation in view of the...

Shanker selected for ONGC top post

The public sector headhunter on Monday selected Shashi Shanker (Director- T&FS, ONGC) for the post of CMD, ONGC; a post which is scheduled to...