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ONGC ACQUISITION
Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...- ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
- Stocks in news: Sun Pharma, Tech Mahindra, Tata Motors, Voltas, ONGCIndian markets saw a dip on Friday, with IT stocks leading the decline. Analysts suggest profit-taking occurred near the 24,150 mark. Despi...
- ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- Short covering fuels April rally, stock-specific action to continue in MayAnalysts are identifying stock-specific opportunities for May following April's short-covering rally. Bullish bets include Sun Pharma, Adan...
- NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
- ONGC head should be chairman of subsidiary HPCL, says synergy panelA panel has recommended that the ONGC Chairman should also head its subsidiary HPCL to ensure cohesive corporate governance. Despite ONGC's...
- ONGC free to sell stake in HPCL: Dharmendra PradhanONGC last year paid Rs 36,915 crore to buy government's entire 51.11 per cent stake in Hindustan Petroleum Corp Ltd.
- 'Government may ask oil companies to share LPG, kerosene subsidy burden'ONGC and Oil India Ltd as well as gas utility GAIL were in past asked to bear between one-third to half of the under-recovery fuel retailer...
- HPCL buy likely to boost ONGC’s EPS by 4-9%On Saturday, ONGC announced that it would acquire the government’s 51 per cent stake in HPCL for Rs 36,900 crore or Rs 474 per share.
- ONGC says HPCL acquisition to be completed by MarchHe declined to comment on the price that ONGC will pay to shareholders, citing that it is being evaluated by the advisors to the deal.
- HPCL buy to push ONGC's rating in upper limit: Moody'sThe government's selling its 51.11 per cent stake in HPCL to ONGC.
- Despite GSPC buyout, ONGC financials strong enough, says S&PThe gas production from this Deen Dayal West field has started on a trial basis and will likely reach commercial stable production by 2019.
- ONGC Videsh gets parent backing for spending allowance hikeONGC today said it supports its overseas investment arm's move to seek increase in spending allowance and sees more acquisition opportuniti...
- ONGC's acquiring stake in Kashagan oilfield will be 'credit negative': Moody's"The acquisition would be funded with debt and would increase ONGC's consolidated net debt by at least USD 5 billion, a credit negative," M...
- ONGC Videsh plans Rs 5,000 crore IPO to fund overseas asset buysThe proposed IPO, which will be India’s biggest since Coal India's in 2010-11, will be considered by the board of ONGC this week.
- ONGC completes Imperial acquisitionDecks have been cleared for Oil and Natural Gas Corporation's $1.9 bn takeover of Imperial Energy with about 96 pc of the London-listed fir...
- ONGC gains 5% on acquisition interestState-run ONGC posted significant gains after the firm said it did not face any cash flow problems and was also looking at acquisition oppo...
- ONGC eyes acquisitions in developing worldState-run Oil and Natural Gas Corp on Thursday said it is looking for acquisition of oil and gas properties in Latin America, CIS (Commonwe...
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