On March 20, 2017 21:33 (IST)
Share buybacks offer a route for companies to return some wealth to their shareholders, while potentially boosting their stock prices.
On March 15, 2017 21:01 (IST)
Lubrizol India Pvt Ltd (LIPL), where the US firm holds the remaining 76 per cent stake, is in the lube additives business.
On December 18, 2016 19:33 (IST)
ONGC Videsh Ltd (OVL) has raised $1 billion through a US dollar bonds issue to finance its acquisition of 15 per cent stake in Russia's second biggest oil field Vankor, its Managing Director Narendra K Verma said.
On November 21, 2016 16:06 (IST)
Four Indian refiners had outstandings of $6.11 billion in May, 2016 when formal banking channels were opened with Iran after nearly four years. They came down to $2.55 billion as on November 15 after public sector refiners paid most of their dues to Iran, the oil minister said.
On September 25, 2016 15:00 (IST)
State-owned Oil and Natural Gas Corp's board has approved signing of a preliminary agreement for buying stake in Gujarat Petroleum Corp Ltd's KG basin gas block.
On September 21, 2016 18:36 (IST)
Indian Oil Corp Ltd and gas transporter Gail (India) Ltd will buy a combined 49 per cent stake in a liquefied natural gas (LNG) terminal being built in the eastern state of Odisha.
On September 20, 2016 18:31 (IST)
Indian Oil Corp Ltd, the country's biggest refiner,and gas transporter Gail (India) Ltd are set to take a stake in a liquefied natural gas (LNG) terminal being built in Odisha.
On September 18, 2016 20:41 (IST)
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is seeking $537 million worth of crude oil in lieu of cash due for its share of sales from a Venezuelan oilfield.
On September 16, 2016 15:58 (IST)
Energy solution provider Suzlon Group on Friday announced that it has won its maiden order from Oil India Ltd (OIL) for 52.50 MW project capacity.
On September 14, 2016 22:51 (IST)
ONGC Videsh Ltd on Wednesday signed an agreement to raise stake in Russia's Vanok oil field by 11 per cent to 26 per cent for about $930 million.
On August 26, 2016 18:15 (IST)
Castrol India Ltd said on Friday it was not aware of any stake sale in the company by Castrol Ltd, a unit of oil major BP Plc, and said recent news reports that such a transaction would take place were based on market speculation.
On August 24, 2016 16:39 (IST)
State-owned companies, from builders such as NBCC to oil firms such as Bharat Petroleum Corp Ltd, are attracting top investors as cheap valuations, improving earnings, and share buybacks make them stand out in an otherwise expensive market.
On August 15, 2016 20:21 (IST)
State-owned Oil and Natural Gas Corp (ONGC), Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) have booked 60 per cent of the capacity of Swan Energy Ltd's upcoming floating LNG terminal off the Gujarat coast, giving the Nikhil Merchant-led firm the much-needed backing to complete the Rs 5,600-crore project.
On July 27, 2016 17:46 (IST)
State-owned Oil and Natural Gas Corp (ONGC) and Hindustan Petroleum Corp Ltd (HPCL) may sell a part of their stake in Mangalore Refinery and Petrochemicals Ltd (MRPL) to comply with regulations on minimum public holding.
On July 26, 2016 00:59 (IST)
Mining mogul Anil Agarwal on Monday said the merger of his group's cash-rich oil firm Cairn India with its parent, Vedanta Ltd, is likely to be completed by year end to create India's largest diversified natural resources company.
On July 22, 2016 11:10 (IST)
State-owned Oil and Natural Gas Corp (ONGC) will have to shell out Rs 392 crore and Oil India Ltd over Rs 1,100 crore after the government ordered them to pay royalty at gross crude oil price and not the net rate they actually realise.
On July 21, 2016 21:55 (IST)
Oil explorer Cairn India Ltd, controlled by billionaire Anil Agarwal, said on Thursday consolidated net profit in the first quarter of its business year fell 28 per cent from the corresponding period a year ago due to lower crude oil prices.
On July 21, 2016 17:53 (IST)
ONGC Videsh Ltd has raised $1 billion through a US dollar bonds issue to finance its acquisition of 15 per cent stake in Russia's second biggest oil field Vankor.