New ONGC chief Arun Singh draws seniors' ire for pushing youthOil and Natural Gas Corporation (ONGC) has asked senior executives above 50 years of age to step aside and allow younger leaders to grow, c...
24 Apr, 2023, 03.59 PM IST
ONGC OFS fully subscribed, govt to get Rs 3,000 cr next fiscalThe Offer-For-Sale (OFS), which opened for retail investors on Thursday, received bids for over 1.33 crore shares. This represents 71 per c...
31 Mar, 2022, 05.40 PM IST
Subscribe to ONGC OFS for 30% gainsThe government has announced the sale of a 1.5% stake in the company to raise about ₹3,000 crore. The OFS has 10% shares reserved for retai...
31 Mar, 2022, 12.52 PM IST
ONGC OFS: Institutional buyers portion subscribed 3.6 timesThe government is selling over 9.43 crore shares in ONGC with a green-shoe option of selling an equal number of shares. The total stake on ...
30 Mar, 2022, 05.18 PM IST
ONGC slumps 5% as government to sell stake through OFSThe floor price for the OFS has been set at Rs 159 per share. This price is at an around 7 per cent discount to the closing price of ONGC’s...
30 Mar, 2022, 09.33 AM IST
Govt to sell up to 1.5% stake in ONGC to raise Rs 3,000 crThe Offer For Sale (OFS) by the government will be open on March 30 and 31, Oil and Natural Gas Corporation (ONGC) said in a stock exchange...
29 Mar, 2022, 08.13 PM IST
Govt to sell up to 1.5% in ONGC to raise Rs 3,000 crThe floor price for the OFS has been set at Rs 159 per share. This price is at a 7 per cent discount to the Rs 171.05 stock closing price o...
29 Mar, 2022, 07.53 PM IST
Windfall oil tax on ONGC in offing to soften fuel pricesThe tax, which may come in form of a cess, will kick in the moment oil prices cross USD 70 per barrel, sources privy to the development sai...
24 May, 2018, 01.19 PM IST
ONGC, HPCL may sell stake in MRPL to meet public holding normsThe Board of MRPL will meet on August 1 for approval options to raise public shareholding up to 25 per cent as per SEBI directive, a senior...
27 Jul, 2016, 06.16 PM IST
Latest market rally was too swift, some consolidation is natural: Devang Mehta, Anand Rathi Financial Services"Making money was becoming quite easy. This wave of consolidation in the last two-three days is in fact quite good for the health of the ma...
12 Sep, 2014, 10.04 AM IST
ONGC has potential to double in next two years: Analysts"Under the 50:50 subsidy sharing formula ONGC and OIL’s subsidy would be lower and net oil price realization higher than assumed," says a r...
27 Aug, 2014, 01.07 PM IST
14 merchant bankers line up for managing ONGC stake saleAt the current market price, a 5 per cent stake sale or over 42 crore would fetch about Rs 17,800 crore to the exchequer.
20 Aug, 2014, 08.09 PM IST
DoD to appoint merchant bankers for ONGC stake saleThe Department of Disinvestment will appoint up to five merchant bankers to manage the OFS and the bidders will have to submit bids by Augu...
16 Jul, 2014, 08.08 PM IST
Oil India's Rs 3,000 cr share sale over subscribedThe government was selling 60.11 mn shares, or 10 pc of the company's stock, and had set a floor price of Rs 510 per share for bids.
01 Feb, 2013, 03.47 PM IST
Oil India OFS floor price at 21% discount to target price: IndiaNiveshIndiaNivesh has recommended investors to subscribe to the offer for sale (OFS) issue of Oil India (OIL) by the government.
01 Feb, 2013, 12.01 PM IST
Oil India share sale commences at Rs 510/share; stock fallsAccording to analysts, valuations of Oil India are attractive as compared to oil majors like ONGC and Reliance Industries.
01 Feb, 2013, 10.17 AM IST
NMDC: Analysts recommend buy due to its strong fundamentalsThe impasse over iron ore mining in the country and improving global prices will benefit the company.
24 Dec, 2012, 08.33 AM IST