Ongc
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Centre slashes windfall tax on fuel: Reliance Industries shares climb over 4%, ONGC jumps 7%
•The government on Wednesday slashed the windfall tax on petrol, diesel, jet fuel and crude oil following a decline in international rates. It scrapped Rs 6 a litre tax on export of petrol and reduced the same on ATF from Rs 6 a litre to Rs 4
4 killed, 5 rescued as ONGC helicopter makes emergency landing in Arabian Sea
Fp Staff •A brand new Pawan Hans' Sikorsky chopper with 9 people on board crashed into the Arabian Sea on Tuesday, killing four people — including three ONGC employees.
ONGC's net profit rises to Rs 40, 306 crore; soars 258%
•ONGC said net profit for the fiscal FY22 (April 2021 to March 2022) soared 258 per cent to Rs 40,305.74 crore from Rs 11,246.44 crore in the previous financial year
Baghjan fire: Oil India's failure to stand by local community after blaze, protect ecology ruins its image in Assam
Dowerah •Oil India has explored and exploited India's North East thus far, preserved its profits, twisted the region's ecology, donated little in CSR to the region compared to its margins and imposed the side effects of Dikom and Baghjan on Assam.
Sanctions on Russia may result in impairment losses for Indian energy companies, says Moody's
•Indian firms have invested $16 billion in Russian assets such as the Sakhalin-1 oil and gas field in the far east
Market update: As Sensex, Nifty begin volatile trading session, here are some stocks to watch for
Trendingdesk •Sensex and Nifty incurred losses of 0.72 per cent and 0.79 per cent respectively to settle the day at 17,617.15 and 59,037.18 on Friday
Alka Mittal becomes the first woman to head ONGC as chairman and managing director
Fp Staff •The public sector firm had been functioning without a chief since the retirement of its incumbent CMD Subhash Kumar on 31 December, 2021
Supreme Court irked over ONGC's approach to arbitration, asks AG to resolve
•The former judge, in the letter, said, I find it embarrassing to continue as a member of the Tribunal and the Claimant can't alone be asked to pay a fee decided by the Tribunal
Reliance tops India Inc in world's best employer rankings 2021; Samsung number one globally
•Other Indian names in the top 100 rankings were ICICI Bank at 65, HDFC Bank at 77 and HCL Technologies at 90, according to the Forbes ranking
ULFA(I) releases abducted ONGC employee Ritul Saikia after Himanta Biswa Sarma's intervention
•Two other ONGC employees, who were kidnapped along with Saikia on 21 April, were rescued by security forces on 24 April after an encounter