ONGC
ONGC board approves share buyback of around Rs4,000 cr
20 Dec 2018
ONGC has approved a share buyback of 1.97 per cent of its total paid-up equity, which may fetch the government around Rs2,640 cr considering its 65.64 per cent equity stake
HPCL refuses to recognise ONGC as promoter
10 Aug 2018
Petroleum minister Dharmendra Pradhan today clarified that ONGC with 51.11-per cent stake in the refiner is the new promoter of HPCL, after the company’s CMD Mukesh Kumar Surana refused to recognise the majority shareholder as HPCL’s promoter
RIL wins arbitration against government’s $1.7-bn gas siphoning claim
01 Aug 2018
The arbitration panel held that the RIL consortium is entitled to produce all the gas from its contract area and that there is no basis for any claim of siphoning of gas as claimed by ONGC and the government of India
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