No proposal to merge state-owned firms: Oil Minister Dharmendra PradhanONGC had last year acquired government stake in Hindustan Petroleum Corporation.
08 Jul, 2019, 04.48 PM IST
ONGC not in a hurry to offload stake in IOC, GAILONGC holds 13.77 per cent stake in oil refiner IOC and 4.86 per cent in GAIL India.
02 Oct, 2018, 02.32 PM IST
ONGC repays a third of loan taken to buy HPCLONGC had borrowed Rs 24,881 crores on a short-term loan to fund buying the government's 51.11% stake in HPCL. The remaining came from its c...
19 Aug, 2018, 02.33 PM IST
IOC, BPCL may buy 26 per cent stake each in GAILIOC and BPCL had submitted separate proposals to buy the government's 54.89 per cent stake in India's biggest gas marketing and transportat...
18 Mar, 2018, 11.11 PM IST
ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL buySources said ONGC is a zero-debt company and wants to retain that status. The short-term loan it is availing have provision to pre-pay with...
23 Jan, 2018, 01.55 PM IST
IOC, BPCL keen on GAIL for fully integrated operationsBoth entities have separately indicated their interest in taking over GAIL, say officials. However, government to decide on matter after th...
26 Dec, 2017, 04.26 PM IST
IOC, BPCL keen to acquire GAIL; company wants to merge with ONGCIOC and BPCL have indicated to the petroleum ministry their interest in taking over GAIL to help add natural gas transportation and marketi...
25 Dec, 2017, 05.25 PM IST
ONGC may sell stakes in IOC, GAIL; shares upONGC owns a nearly 14 per cent stake in IOC and almost 5 per cent stake in GAIL.
28 Sep, 2017, 03.57 PM IST
Swachh Bharat: Oil PSUs to build toilets in schoolsPrime Minister Narendra Modi's call to rid the country of litter and rubbish today saw heads of companies including ONGC and IOC.
02 Oct, 2014, 07.31 PM IST
EGoM on IOC disinvestment to meet tomorrowThe Finance Ministry plans to offload 10 per cent stake or 24.27 crore shares of IOC that is expected to fetch the exchequer around Rs 4,80...
15 Jan, 2014, 05.56 PM IST
ONGC, OIL may buy 10 per cent government stake in IOCWith the Petroleum Ministry opposing disinvestment of IOC in the market, ONGC and OIL may buy 10 per cent government stake in Indian Oil Co...
12 Jan, 2014, 02.39 PM IST
Panel to discuss alternatives next week for IOC share saleA ministerial panel is likely to meet next week to look at alternatives like selling its shares to other oil PSUs.
11 Jan, 2014, 04.55 PM IST
Govt extends Gail CMD BC Tripathi's tenure in the officeThe government has extended Gail India Chairman & Managing Director BC Tripathi's tenure by another five years, nine months before he would...
11 Oct, 2013, 07.46 PM IST
- ONGC, IOC, GAIL keen to buy ADB stake in Petronet
Indian Oil Corp, Oil and Natural Gas Corp and GAIL India have expressed interest in buying out Asian Development Bank's 5.2 per cent stake ...
18 Jun, 2008, 04.46 PM IST
- IOC may tank up via equity sale
IOC is likely to sell a part of its investments in ONGC and Gail India to raise further funds and tide over an acute and worsening liquidit...
29 May, 2008, 05.12 AM IST
- IOC to sell 50% stake in ONGC, GAIL
The government is likely to give the go ahead soon to Indian Oil Corporation to sell half of its equity holding in two other oil PSUs Oil a...
18 Aug, 2002, 11.05 AM IST
- Cabinet to decide on IOC stake sale in ONGC, GAIL
The Union Cabinet will decide on allowing State-run refiner Indian Oil to sell its equity holding in exploration firm ONGC and GAIL.
24 May, 2002, 05.38 PM IST