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Economy

IOC strategic stake sale now a desperate need

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An urgent need to sell off stakes in Indian Oil is felt now as the government has consumed nearly the whole of the targeted fiscal deficit
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India

ONGC plant fire: 4 killed, 3 injured; operations unaffected

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Oil production was not impacted by the fire but ONGC diverted natural gas produced from fields to a processing facility at Hazira in Gujarat
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India

Pawan Hans’ strategic sale attempt anew for 3rd time

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The government holds 51% stake in Pawan Hans, which has a fleet of 43 helicopters also the remaining 49% is with oil and gas behemoth ONGC
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Business

IOC becomes most profitable PSU amid soaring petrol and diesel rates

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New Delhi:  Fuel retailer IOC has for the second year in a row beaten ONGC to become India's most profitable state-owned company, raising questions over...
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India

Cochin Shipyard: 5 killed in blast on ship under repair

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Kochi: Five people were killed and three injured in a fire following an explosion on an under repair ONGC drillship at the Cochin Shipyard premises...
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