Post buyback, Nalco will be left with Rs 2200 crore of cash: TK ChandThe aluminium major has a capex plan of Rs 1,100 crore for this year, says Nalco CMD
Alunorte’s Brazil reopening bad news for Indian companiesRoughly 2 tonne of alumina goes into producing 1 tonne of aluminium.
European shares fall as risk-off sentiment spreadsIn Italy the FTSE MIB was down 1.4 per cent to its lowest since 21 April 2017.
Alumina supply glut fears send Nalco stock crashingConcerns of a global supply glut of alumina sent Nalco investors panicking
Why the metals rally of this year may still have legsIn a stellar year for base metals, aluminium has led the pack.
Why the biggest metals rally of the year may have further to runAluminum trades at $2,158 a metric ton in London, the highest in five years.
Norsk Hydro to invest $ 514 million in pilot aluminium plantThe plant is for full-scale industrial testing of its so-called HAL4e technology and is expected to have an annual production capacity of 7...
- ONGC is in talks with ConocoPhillips to forge Reliance-BP like alliance
There is a market speculation that ONGC has offered stakes in 18-19 oil and gas exploration blocks to ConocoPhillips.
- OVL’s Cuban deepwater block yields two oil & gas leads
ONGC Videsh (OVL), the foreign investment arm of Oil & Natural Gas Corp (ONGC), has found two significant hydrocarbon (oil and gas) leads i...
- ONGC ropes in ENI, BG, Norsk for NELP-VII bid
India’s biggest oil producer Oil and Natural Gas Corporation (ONGC) has teamed up with European majors to jointly bid for the next round of...
- ONGC says no to stake offer in Iran, Angola blocks
Public sector exploration major Oil and Natural Gas Corp (ONGC) has turned down an offer of equity stake in oil blocks in Iran and Angola m...
- ONGC to dilute 50% in KG block
ONGC has decided to sell up to 50% of its stake in KG basin offshore block KG-DWN-98/3 to Norwegian energy major Statoil Hydro and Petrobra...
- ONGC ties up with BP for oil exploration
After Norway's Norsk Hydro, Italy's Eni and Petrobras of Brazil, state-run Oil and Natural Gas Corp (ONGC) has tied-up with British oil maj...
- Norsk Hydro to take 10 pc in ONGC gas field
Norway's Norsk Hydro agrees to take a stake in ONGC's gas discovery block off the east coast.
- Reliance to invest $9 bn in KG basin gas field
Reliance Industries, the country's largest private entity, will invest more than nine billion dollars in developing a gas field off the eas...
- Petrobras, ONGC may swap oil exploration blocks
Brazil's government-run oil firm Petrobras said it has begun talks with India's Oil and Natural Gas Corp on a possible swap of oil and gas ...
- ONGC wins oil block in Brazil
ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corp (ONGC), has won an oil exploration block in Brazil.