Jun 01, 2019 09:02 PM IST

Tata Motors domestic sales drop 26% to 40,155 units in May

The cumulative sales for the domestic market in April-May, 2019 was at 82,684 units compared to 1,07,758 units over last year, registering a decline of 23 percent.

Expect crude prices to remain stable in March; post healthy margins in Q4: HPCL

MK Surana, CMD, HPCL is confident of posting healthy margins in the fourth quarter.

Boards of ONGC, MRPL & HPCL yet to mull possibility of HPCL-MRPL merger: HPCL

The Hindustan Petroleum Corporation (HPCL)-Oil and Natural Gas Corporation (ONGC) deal is through the final lap. In an interview to CNBC-TV18, MK Surana, CMD of HPCL spoke at length about deal.

See substantial increase in ONGC's gas production: ONGC

From the side-lines of CERAWeek India Energy Forum, CNBC-TV18’s Anshu Sharma caught up with new Oil and Natural Gas Corporation (ONGC) Chairman Shashi Shanker and asked him about investment plans and outlook going ahead.

Government appointed advisors to decide on valuations of company: HPCL

Oil and Natural Gas Corporation (ONGC) will acquire Hindustan Petroleum Corporation (HPCL) later this year in a block deal at the prevailing market price and that would happen at some point during October or November.

Expect financial performance of FY18 to be better than previous year: ONGC

In an interview to CNBC-TV18, AK Srinivasan, Director-Finance at Oil and Natural Gas Corporation (ONGC) shared his FY18 outlook.

Targeting FY18 topline at Rs 2000 Crore: Maharashtra Seamless

In an interview to CNBC-TV18, Saket Jindal, MD of Maharashtra Seamless spoke about the latest happenings in his company and sector. Growth was led by increase in production due to anti-dumping duties imposed on China last year. So we have bagged the additional market share from Oil and Natural Gas Corporation (ONGC) and certain other sectors, he said.

Will complete ONGC-HPCL integration this financial year, says Dharmendra Pradhan

CNBC-TV18's Anshu Sharma asked oil minister Dharmendra Pradhan about the timeline for the integration of Hindustan Petroleum Corporation (HPCL) and Oil and Natural Gas Corporation (ONGC) now that the Cabinet Committee on Economic Affairs (CCEA) has given the nod.

ONGC-HPCL transaction won't be as simple as looking currently, says IIFL

The government has given the go-ahead for oil and gas explorer Oil and Natural Gas Corporation (ONGC) to acquire the centre's 51 percent stake in retail company Hindustan Petroleum Corporation Ltd (HPCL).

ONGC, HPCL remaining independent listed cos makes sense; MRPL merger good: HPCL CMD

MRPL merging with HPCL makes logical sense and will be a big positive for the company, said MK Surana, CMD, HPCL.

Disruption in market post GST pressurising logistics companies: Chartered Logistics

Chartered Logistics is buzzing in trade. In an interview to CNBC-TV18, Harsh Gandhi, ED of Chartered Logistics spoke about latest happenings in the company as well as about impact of goods and services tax (GST) on the sector. GST transition has been unstable so far. Many dispatches are on hold which will put some pressure on figures, he said.

To continue creating value for stakeholders; maintain GRMs at $5.5-6/bbl: HPCL

Crude oil prices are unlikely to go above USD 60 per barrel and would more likely remain in USD 45-55/bbl range, said MK Surana, CMD, HPCL.

ONGC-HPCL deal likely to happen in month of July itself: Former ONGC Chairman

Oil marketing majors gained in trade yesterday following the Oil Minister, Dharmendra Pradhan's assurance that the Oil and Natural Gas Corporation-Hindustan Petroleum Corporation Ltd (ONGC-HPCL) merger, to create a mega oil public sector undertaking (PSU), will be completed in FY18. In an interview to CNBC-TV18, RS Sharma, Former Chairman of ONGC and Vidyadhar Ginde, Oil & Gas analyst at ICICI Securities shared their views about the same.

Expect crude prices to be in range of USD 50-55/bbl: ONGC

Crude prices have fallen by close to about 10 percent in the last one month. Will it impact the earnings of Oil and Natural Gas Corporation (ONGC)? “We expect the crude prices to come around USD 50 per barrel to USD 55 per barrel range,” AK Srinivasan, Director-Finance at ONGC told CNBC-TV18.

Current order book at Rs 800cr, says Deep Industries

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.

HPCL-MRPL merger brings a lot of synergies & makes lot of sense: HPCL

In an interview to CNBC-TV18, MK Surana, CMD of HPCL spoke about the latest happenings in his company and sector. “Merger of HPCL and MRPL brings a lot of synergies in the system because they are independent refining companies and we have got the shortage of the refining capacities. So that definitely makes a sense,” he said.

Expect gas production volumes to go up 23% going ahead: ONGC

Don't see any hit on profits even if petrol pumps are closed on Sunday: BPCL

In an interview to CNBC-TV18, P Balasubramanian, Director-Finance at Bharat Petroleum Corporation Ltd (BPCL) spoke about the latest happenings in his company and sector.

Expect to end FY17 with GRM of USD 6/bbl: HPCL

MK Surana, CMD of Hindustan Petroleum Corporation Ltd expects to end FY17 with GRMs of around USD 6 per barrel.

M&A of oil cos should be a well thought process: Oil India

The centre has jumped to the rescue of state-owned oil companies Oil India andONGC, who are liable to pay royalty dues to states of Assam and Gujarat.

ONGC will gain strength, be $100 bn entity post merger: Experts

As per recent reports, one proposal is for upstream giant ONGC to acquire retail major HPCL for Rs 44,000 crore. Energy expert Narendra Taneja believes that the merger will help ONGC gain more strength and will become a USD 100 billion plus company.

See royalty payment impact on PAT at Rs 1600-1700 cr: ONGC

ONGC will have to settle dues worth Rs 2500 crore and this could have a Rs 1600-1700- crore impact on profit, says Director-Finance AK Srinivasan.

Gas exploration to continue despite tough pricing scenario: ONGC

Vertical integration of state-owned energy firms would increase efficiency. says ONGC Chairman Dinesh K Sarraf in an interview to CNBC-TV18.

Merger of oil cos a tough task, but has its merits: HPCL

Merging all the oil companies into one entity looks difficult even though it has financial benefits, says HPCL‘s Chairman and Managing Director, MK Surana, commenting on the Finance Minister Arun Jaitley‘s Budget proposal to merge state oil firms to create an oil behemoth

Higher crude prices to improve topline, aid profits growth: ONGC

AK Srinivasan, Director Finance, ONGC told CNBC-TV18 that surge in crude oil prices will aid topline growth. On an annulised basis their revenues would be up by Rs 1000 crore and profits would increase by Rs 425 crore.