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10-time jump in FDI in petroleum and gas sector

03-08-2015| Source:PTI

Foreign Direct Investment (FDI) in petroleum and natural gas sector witnessed an almost 10-time jump in 2014-15 as compared to the preceding fiscal, touching Rs 6,473.22 crore, government told

FinMin to give Rs 1,300 crore kerosene subsidy

03-08-2015| Source:PTI

will be borne by upstream companies like ONGC," he said. At current prices, the upstream companies will have to bear Rs 5,000-6,000 crore for the full year. For domestic cooking gas LPG, the government has

ONGC's director Ashok Varma retires


Oil & Natural Gas Corporation Ltd has informed BSE that Shri. Ashok Varma, relinquished the office of Director (Onshore), Oil and Natural Gas Corporation Ltd (ONGC) on his superannuation

Petronet aims to lease out 63% of Dahej LNG capacity

31-07-2015| Source:Reuters

The company, which handles large volumes of liquefied natural gas (LNG) imported from Qatar for Indian companies, wants to lease space to other firms as domestic demand for its costly Qatari cargoes

Talks with Kuwait's PIC remain inconclusive: ONGC

30-07-2015| Source:PTI

State-owned Oil and Natural Gas Corp on Thursday said the talks to sell stake in long-delayed mega petrochemical plant at Dahej in Gujarat to Kuwait's Petrochemical Industries Company (PIC) remain

Shell to axe jobs, spending to cope with lower oil prices

30-07-2015| Source:Reuters

is expected to generate pretax benefits of around USD 2.5 billion per year starting 2018. The tie-up will turn Shell into the world's leading liquefied natural gas company and one of the largest deepwater oil

Bullish on Infosys, will buy pharma on weakness: IDFC Sec  

30-07-2015| Source:CNBC-TV18

banks, some of the consumer companies and the oil & gas names have surprised us on the upside and those are the ones which will continue to do well. Also, within the technology and pharma space, we

See buying in oil & gas, cement, shipping stocks: Ajay Jain


According to Ajay Jain, CEO at, combination of Jupiter with Saturn may attract buying interest in oil & gas, cement and shipping stocks in Indian stock market.

Rs 30,000 cr more realistic target for disinvestment: DOD

29-07-2015| Source:PTI

Terming Rs 30,000 crore as a more "realistic" target, the Department has said that a higher target was becoming "counter-productive" in framing of a strategy for sale of shares due to market volatility.

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Aug 02, 2015 at 22:46 | Source: FirstPost
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