Modi had in March 2015 called for cutting India's dependence on imports to meet its oil needs by 10 per cent by 2022 from 77 per cent then.
Yogesh Mehta of Motilal Oswal is of the view that one can buy ONGC and Tata Steel and can short SRF.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell ONGC and Lupin and advises buying Dewan Housing Finance and holding Adani Power.
Mexico is offering 15 shallow-water exploration blocks in the second round of hydrocarbon auction, called round 2.1. These blocks cover a combined area of 8,908 sq km and hold prospective resources of 4 billion barrels of oil and oil equivalent gas.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Fortis Healthcare and Dredging Corporation and can sell Exide Industries, PTC India and ONGC.
In an interview to CNBC-TV18, Prayesh Jain, AVP-Research at IIFL spoke about Reliance Industries at length.
Upset with the USD 5.5 billion master development plan submitted by ONGC Videsh Ltd - the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC) - Iran has signed an initial pact with Russia's Gazprom for developing Farzad-B gas field.
One of the officials said the company’s gameplan included grabbing opportunities thrown up by the government’s regional connectivity scheme.
Four of the 10 most valued Indian companies witnessed a combined erosion of Rs 36,771.7 crore from their market valuation last week, with ITC and TCS taking the biggest knock.
The Deep Industries' stock is down 13 percent in the last two sessions on fear that the ONGC contract is in jeopardy. In an interview to CNBC-TV18, Paras Savla, CMD of Deep Industries spoke about the latest happenings in the company.
Ashwani Gujral of ashwanigujral.comis of the view that one may buy Tata Steel and sell GAIL India and ONGC.
The 51.11 percent holding of government in HPCL is expected to fetch around Rs 28,000 crore for the government. The merger prima facie is a win-win for all the major stake holders.
With Tehran delaying the award of rights to develop the 12.5 trillion cubic feet gas field to its discoverer -- ONGC Videsh Ltd -- India decided to cut oil imports from Iran by a fifth in 2017-18.
According to Mitessh Thakkar of miteshthacker.com, one can buy Adani Enterprises, Apollo Tyres and IGL and can sell ONGC.
CNBC-TV18's Reema Tendulkar lists out stocks that you should focus on.
Being dubbed as 'super-boards', the committees will be headed by the ministry's upstream nodal authority DGH, and will review and monitor performance of areas given to Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) on nomination basis.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on.
Edelweiss is bullish on ONGC has recommended buy rating on the stock with a target price of Rs 212 in its research report dated May 30, 2017.
The government wants to make these state-owned companies more accountable and boost production by setting up panels headed by bureaucrats to supervise its workings.
Dharmendra Pradhan's policy envisages conducting a bidding process for Enhanced Oil Recovery (EOR) contracts to increase production for its major oil fields. But most likely it will get a poor response.
ONGC Chairman and Managing Director D K Sarraf today also said that the last fiscal year has been "excellent" one as the company had as many as 23 new discoveries compared to 17 in 2015-16.
The fall in gas prices has hit Oil and Natural Gas Corporation’s (ONGC) FY17 revenues but margin growth also was muted. In an interview to CNBC-TV18, DK Sarraf, CMD of ONGC spoke about the results and his outlook for the company.
Indian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India's most profitable state-owned company.
ONGC Chairman and Managing Director Dinesh K Sarraf said the company lost Rs 5,010 crore in revenue in the natural gas business, and about Rs 3,000 crore in profit in just the last one year because of cuts in gas prices.
Ashwani Gujral of ashwanigujral.com feels that Reliance Industries may test Rs 1450.