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RBI eases overseas investment norms for Indian corporates

Jul 03, 2014

RBI eases overseas investment norms for Indian corporates

The financial commitment should be limited within 400 percent compared to earlier level of 100 percent of the net worth as per the last audited balance sheet of the company, it said. #Business #Investing #RBI #PolicyWatch #ONGC Videsh #Oil India #Overseas investment
Minor gas leak from ONGC well in Andhra Pradesh; plugged

Jul 03, 2014

Minor gas leak from ONGC well in Andhra Pradesh; plugged

A minor gas leakage was reported from one of the wells of ONGC at Kasanapalli in East Godavari district of Andhra Pradesh, which has been brought under control, a senior officer said in Rajahmundry on Thursday. #India #NewsTracker #Andhra Pradesh #ONGC #GAIL #Nagaram #Tatipaka
Centre to pay Rs 25 lakh to next of kin of pipeline fire victims

Jun 27, 2014

Centre to pay Rs 25 lakh to next of kin of pipeline fire victims

As many as 15 people were killed and 18 injured when a fire broke out following a blast in a GAIL pipeline carrying gas to Lanco's Kondapalli power plant near Vijayawada. #NewsTracker #ONGC #N. Chandrababu Naidu #Dharmendra Pradhan #GAIL India #Kondapalli power plant
Andhra: Massive explosion in GAIL pipeline near ONGC site, 14 dead

Jun 27, 2014

Andhra: Massive explosion in GAIL pipeline near ONGC site, 14 dead

PTI has reported GAIL Chairman BC Tripathi as saying that the fire occurred in an 18-inch pipeline of the company near to the ONGC refinery complex. #BreakingNow #India #Andhra Pradesh #ONGC #Fire #explosion #accident #East Godhavari district #ONGC fire #Gail Pipeline
RIL shares lose ground as gas price hike deferred

Jun 26, 2014

RIL shares lose ground as gas price hike deferred

Shares of energy behemoth Reliance Industries today lost ground with a fall of nearly three per cent in its price after the government postponed decision on a hike in natural gas prices, pending a "comprehensive" review. #BSE Sensex #India #NewsTracker #ONGC #CCEA #Dharmendra Pradhan

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Memo to Sebi: Is govt licensed to rob minority investors?

Sep 26, 2011

Memo to Sebi: Is govt licensed to rob minority investors?

If a private group were to happily transfer money from one company to another Sebi would pounce on them. Why isn't it doing so with government companies? #ONGC #Indian Oil #GAIL #Thats Just Wrong #BPCL #HPCL #Oil India

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Memo to Sebi: Is govt licensed to rob minority investors?

Jun 30, 2014

India considering Russian pipeline options

Daniel J. Graeber NEW DELHI, June 30 (UPI) -- A transnational pipeline from Russia though Kazakhstan to India could be on the table for India's energy company ONGC, a managing director said... #India #New Delhi #Kazakhstan
Memo to Sebi: Is govt licensed to rob minority investors?

Jun 26, 2014

#MarketWatch: ONGC, RIL shares drag Sensex to biggest drop in six days

The benchmark Sensex today fell 251 points, its biggest drop in six days, to end at 25,062.67 weighed down by losses in ONGC and RIL shares after the government deferred a decision to hike natural gas prices and caution prevailed on the last day of J... #India #New Delhi #Kazakhstan
Memo to Sebi: Is govt licensed to rob minority investors?

Jun 29, 2014

Providence €1bn sale would have saved O'Reilly

Indian State-owned energy company Oil and Natural Gas Corporation (ONGC) last year eyed a full takeover of Providence Resources at a value of up to $1.5bn (€1.1bn). A deal at that level would have valued biggest shareholder Tony O'Reilly's 15pc stake... #India #New Delhi #Kazakhstan