Oil & gas
ONGC to borrow Rs35,000 crore to finance government’s HPCL divestment
22 Jan 2018
In the first-ever debt programme, ONGC board has approved raising of the company’s borrowing limit from Rs25,000 crore to Rs35,000 crore, chairman and managing director Shashi Shanker has said
Reliance net vaults 25% to Rs9,423 cr as Jio swings to profit
20 Jan 2018
Reliance Jio Infocomm Ltd has reported a net profit of Rs504 crore for the October-December 2017-18 quarter against a loss of Rs271 crore in the previous quarter
GST Council meeting may try to douse the fuel price fire
17 Jan 2018
The BJP-led government has cut excise duty only once during its tenure-but raised it nine times between November 2014 and January 2016, and there is a case for lowering the central levy before states reduce the VAT on fuels
ONGC copter with 7 aboard crashes off Mumbai coast, 4 bodies recovered
13 Jan 2018
Four bodies, including those of two senior ONGC officials, have been recovered so far, while seven, including two pilots, were on-board
Petrobras agrees to pay $2.95 bn to settle US class action
04 Jan 2018
In the biggest such payout in the US by a foreign entity, Brazil’s Petroleo Brasileiro has agreed to pay $2.95 billion to American investors in the Carwash scandal
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