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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
Petroleum ministry seeks Rs 26,000 cr as fuel subsidy for Q3

Feb 10, 2014

Petroleum ministry seeks Rs 26,000 cr as fuel subsidy for Q3

ONGC's liability is near the record Rs 13,796.04 crore it shelled out in Q2. #Economy #NewsTracker #ONGC #Oil India #Fuel Subsidy #Vivek Rae
Talukdar to take over as DGH on Thursday

Feb 05, 2014

Talukdar to take over as DGH on Thursday

Talukdar, 59, was selected by a government search panel in August last year and it took more than six months for his appointment to be confirmed. #India #ThisisNext #Directorate General of Hydrocarbons #Oil India #BN Talukdar
Govt's fund-raising drive: EGoM okays 10% stake sale in IOC to PSUs

Jan 16, 2014

Govt's fund-raising drive: EGoM okays 10% stake sale in IOC to PSUs

A panel of ministers has approved sale of a 10 percent stake in state refiner Indian Oil Corp through a block deal on the stock exchanges, Oil Minister Veerappa Moily said on Thursday. #BreakingNow #ONGC #IOC #Divestment #Oil India
India turns to Mozambique to meet LNG needs

Jan 16, 2014

India turns to Mozambique to meet LNG needs

Earlier this month, ONGC Videsh Ltd (OVL) and Oil India Ltd (OIL) completed the acquisition of 10 percent stake in a giant Mozambique gas field for USD 2.475 billion. #NewsTracker #ONGC #GAIL #LNG #Veerappa Moily #BPCL #ONGC Videsh #Mozambique #Oil India #OVL #Anadarko Petroleum #Rovuma Area 1 #Petrotech #Bharat Petroleum Corp Ltd #Esperanca Bias

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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?

Jul 22, 2014

Urbanization: Reducing Poverty and Helping the Environment

Movement into urban areas is occurring on a staggering scale, over 70 million people a year. The world is now 53% urbanized, compared to 29% in 1950 and 39% in 1980. By 2050, some 70% of the 9.6 billion humans will live in cities, and we could have a... #China #India
Memo to Sebi: Is govt licensed to rob minority investors?

Jun 28, 2014

China says it will never seek regional hegemony

(AP) -- Chinese President Xi Jinping said Saturday his country will never seek hegemony no matter how strong it becomes, even as his neighbors worry about Beijing's actions in several territorial disputes. Xi made the comments as he hosted leaders of... #Iran #China #Beijing #India #Vietnam #Philippines #Myanmar #Xi Jinping #Thein Sein #South China Sea #Hamid Ansari
Memo to Sebi: Is govt licensed to rob minority investors?

Jul 23, 2014

Macquarie sells 6pc stake in PetroNeft Resources

SHARES in exploration firm PetroNeft Resources remained unchanged as it emerged that one of its biggest investors sold its 6pc holding. The Macquarie Bank traded its 42.9 million shares for 5.37 pence last week. The vast majority of the stock was tak... #London #India #Macquarie Bank #Irish Stock Exchange #Davy Stockbrokers