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ANKLESHWAR ASSET
ED raids in Maharashtra, Gujarat in Salim Dola drugs caseThe Enforcement Directorate conducted raids across Maharashtra and Gujarat. The probe targets Mohammad Salim Dola, an alleged drug traffick...
Sold two farm lands for Rs 8.75 crore capital gains but paid no tax or filed ITR; ITAT Ahmedabad rules in favour of taxpayerA man from Bharuch, Gujarat had sold two agricultural lands for Rs 8.75 crore capital gains to a company who subsequently used the lands fo...
US-based PE fund CVC Cap leads race to buy Sajjan IndiaGujarat-based Sajjan is a contract manufacturer of active ingredients (agro), electronic chemicals, specialty chemicals and intermediates, ...
MEIL hands over second oil rig to ONGC; to supply 21 more by 2022The delivery is a part of the Rs 6,000 crore order Megha Engineering and Infrastructures Ltd (MEIL) had won from ONGC for the supply of 47 ...
Oil and Natural Gas Corporation manages to save golf course that houses oil wellsThe Department of Investment and Public Asset Management (DIPAM), erstwhile called the department of disinvestment, had in May 2019 decreed...
Analysts slash Sanofi target over Ankleshwar plant saleThe stock ended flat at ₹5,928 on Friday.
Govt wants ONGC to sell golf course in Ahmedabad that has oil wellsONGC had built the one in Ahmedabad after it struck oil in the city more than two decades back.
Govt wants ONGC to sell 2 of its fairways in Ahmedabad and VadodaraONGC’s fairways, used by its executives for playing the leisurely game, have been deemed ‘non-core’ assets.
ONGC over-reported crude oil production by 12%, inflated its own report card: CAG“The excess reporting was done to reconcile the differences between reported production and sale of crude oil by the Asset,” the CAG observ...
At least 12 people injured in ONGC's gas well fire in SuratAt least eight persons were injured today when an ONGC's gas well near Surat in Gujarat caught fire during a repair operation.
- ONGC finalises Rs 8,000-cr surface facility revamping programme
ONGC has finalised a Rs 8,000 crore surface facility revamping programme for its three onshore assets in Gujarat, a top company official ha...
- ONGC to invite gas sale bids from three more fields in Gujarat
ONGC will begin inviting gas sale bids from three more of its marginal fields, called the Ankleshwar asset, in Gujarat.
- ONGC invites bids for gas sale from Gamij field
ONGC will begin gas sales from Gamij field in Kheda district of Gujarat to the private sector soon through e-bidding process, the company s...
- To double turnover to Rs 4,500 crore this fiscal: IFFS
IFFS, a joint venture of Punjab National Bank (PNB) and Malta-based FIM Bank, today said it is looking at doubling the turnover this fiscal.
- Formalities for setting up VMC-GAIL joint venture company over
At present, there are about 75,000 piped gas conections in the city and the JV is eyeing an additional 85,000 gas connections here.
- ONGC to invest Rs 17,000 crore in Gujarat
State-run Oil & Natural Gas Corporation (ONGC) plans to invest over 17,000 crore on onshore operations in Gujarat over the next five years....
- Fire damages Wockhardt's unit at Ankleshwar
A fire at pharmaceutical major Wockhardt’s Rs 300-crore Ankleshwar facility damaged one of its six manufacturing plants.
- Mega capex investments to rev up natural gas supply
The natural gas industry has entered a high investment phase to create infrastructure to handle increasing volumes. The domestic availabili...
- Lanxess to buy Gwalior’s chemical business for Rs 536 cr
Germany’s Lanxess has agreed to buy Gwalior Chemical Industries’ chemicals and windmill business for Rs 536 crore, both firms said on Monda...
- Mafia breaches India's oil pipeline
The theft of crude oil from the IOC pipeline near Mehsana in Gujarat by the vandals is a shocking story.