Wednesday, October 27, 2021


Reliance slips 59 places on Fortune list

Reliance took a beating on the rankings as revenues dropped owing to the COVID-19 pandemic. This is its lowest ranking since 2017.

ONGC reports Rs 6,734 cr net profit in Q4

Also, the company reversed impairment losses, recording an exceptional gain of Rs 2,613 crore in the quarter.

Record run continues, Sensex crosses 53,000 mark

The Nifty50 on the National Stock Exchange was trading at 15,870.75, higher by 124.25 points or 0.79 per cent from its previous close.

Govt to auction ‘major’ oil, gas fields of ONGC, OIL: Dharmendra Pradhan

These resources actually belong to the nation and they will be monetised by bidding them out to interested entities, Petroleum Minister Dharmendra Pradhan said.

Editorial: Death on the high seas

ONGC cannot absolve itself of the responsibility by simply pushing the blame on the contractor

India’s gas output rises 23% as RIL-BP fields start production

India's crude oil production, however, slipped 2 per cent to 2.49 million tonnes as state-owned ONGC and Oil India Ltd (OIL) produced less.

AFCONS working to revamp its unmanned offshore platforms in Arabian Sea

The AFCONS-led consortium is working closely with ONGC, Petroleum Ministry, Indian Navy, Coast Guard, and DG (Shipping) to coordinate the rescue efforts.

ONGC removes marketing margin but refuses to lower gas price

This essentially means that bidders may corner gas by offering to pay USD 7, but the buyers will have to pay no more than the ceiling price of USD 3.62.

Army rescues 2 abducted ONGC staff, ops on to rescue third

Three employees of the ONGC were on April 21 kidnapped by suspected ULFA-I militants from its Lakwa oilfield in Assam's Sivasagar district along the Assam-Nagaland border.

Three ONGC employees abducted in Assam

Whereabouts of the kidnapped employees were not known and kidnappers have not made any contact with the family or the company so far, a source in ONGC said.

MEIL indigenously making rigs for oil and gas sector

MEIL has bagged the order to manufacture and supply 47 drilling rigs worth Rs 6,000 crore via a tender from ONGC in 2019.

Sensex tanks 487 pts; Nifty slips below 15,100

Bajaj Auto was the top loser in the Sensex pack, falling around 3 per cent, followed by Maruti, ICICI Bank, Sun Pharma and Reliance Industries

Sensex surges 750 points as investors cheer Q3 GDP data

Likewise, the NSE barometer Nifty settled with a gain of 232.40 points or 1.60 per cent at 14,761.55.

Equity benchmark Sensex sheds 379 points

ONGC was the top gainer, rallying around 8 per cent. NTPC, Asian Paints, Tech Mahindra, PowerGrid and IndusInd Bank were among the other winners.

Sensex, Nifty end marginally lower after choppy trade

After swinging 666.64 points, the 30-share BSE Sensex settled 19.69 points or 0.04 per cent lower at 51,309.39.

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