Oil and Natural Gas Corp (ONGC), India's most profitable company, has only one independent director as against required strength of nine.

Government has sacked all five independent directors of Mangalore Refinery and Petrochemicals Ltd leaving company board.

The NDA government is reviewing all appointments made by the previous UPA regime during its last year in office and is removing the politic...

IOC Chairman B Ashok did not reply to phone calls seeking comments and its company secretary Raju Ranganathan said he is not authorised to ...

The company will hold its annual shareholders meeting on Wednesday amid speculation that it may seek to remove four independent directors.