As per regulations, a company cannot declare a second dividend within a month of the previous payout and companies like ONGC would need to ...

ONGC's board had on December 20 approved buyback of 25.29 crore shares at Rs 159 apiece.

IOC in a regulatory filing on Tuesday said it has launched an international bonds issue of USD 900 million, carrying a coupon of 4.75 per c...

The Notes carry a coupon of 4.75 per cent per annum payable semi-annually.

The finance ministry has already given greenlight to the company's buyback plan.

The timeline for the launch of the offer will be decided by NMDC's board.

Going by the latest data points, it looks highly likely that the deficit could be breached.

The bonds have been rated Baa2 by Moody's and BBB- by Fitch Ratings.

ONGC shares closed almost flat at Rs 148.65 on the Bombay Stock Exchange (BSE) Thursday.

The government, which holds a 54.06% stake in IOC, may participate in the share buyback.

Out of total buyback, 15 per cent or 4.46 crore shares are reserved for small shareholders.

The decision was taken by the company’s board at a meeting held on Thursday.

The govet, which holds a 54.06% stake in the co may participate in the share buyback.

Earlier this month, the government sold a 3% stake in Coal India via the offer for sale.

The latest estimated was double of Rs 10,000 crore buybacks, an ET report anticipated on Monday.

Another idea being considered to compensate for the yawning gap in disinvestment receipts is to lean on cash-rich companies to explore shar...

Shares of select PSUs rallied on the bourses, enthused by the market regulator Sebi's relaxed norms.