ONGC
General
Number of profit-making PSUs decline sharply
The number of profit-making PSUs in the country declined sharply in 2012-13, according to figures presented in Parliament today.As per ......
Infrastructure
Reliance Industries skids after EC stalls gas price rise
An unexpected request by Election Commission for the government to defer a rise in gas prices until after a looming ......
Infrastructure
ONGC, Shell buy rest of Brazil offshore block from Petrobras for $1.6B
Royal Dutch Shell Plc and India's Oil and Natural Gas Corp (ONGC) purchased the remaining 35 per cent of a ......
General
ONGC's Mozambique acquisition pushes up overall deal value to $4.25B in August
Deal-making volumes picked up marginally and even as value jumped up in August 2013 due to a boost in mergers ......
Manufacturing
ONGC Videsh to buy Anadarko's 10% stake in Mozambique gas field for $2.6B
ONGC Videsh Ltd (OVL), the overseas arm of oil & gas exploration major ONGC, has signed a definitive agreement to ......
Infrastructure
NTPC's $2.1B share sale fully covered
The government has managed to see through an offer for sale worth Rs 11,357 crore ($2.13 billion) of public sector ......
Infrastructure
GAIL joins hands with EDF to acquire and develop oil & gas assets in North America
State-controlled GAIL (India) Ltd and EDF Trading have signed a memorandum of understanding (MoU) to jointly acquire and develop upstream ......
General
Year in review: Top 5 M&A deals of 2012
The M&A activity in 2012 remained relatively muted, but the momentum started picking up towards the end of year and ......
Manufacturing
Cairn Energy sells 3.5% more in Cairn India for $365M
UK’s Cairn Energy has sold additional 3.5 per cent stake in its former Indian arm Cairn India for Rs 2,060 ......
Manufacturing
India Inc's overseas natural resources hunt flounders
The resource flow for M&A bankers seems to have shrunk to a trickle as Indian companies shelve their overseas hunt ......
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