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  • Crude fall, write-off led to weak Q4, capex on track: ONGC

    In an interview with CNBC-TV18‘s Sonia Shenoy and Anuj Singhal, ONGC CMD DK Sarraf explained why the firm‘s fourth quarter earnings released yesterday came in way below estimates.

  • ONGC to spend Rs 16,200 cr to drill 45 wells in KG-Basin

    State-owned ONGC Ltd is set to develop 45 drilling wells at a block in Krishna-Godavari basin at an estimated cost of Rs over Rs 16,000 crore.

  • Will tread carefully in SME biz: Capital First

    V Vaidyanathan, CMD of Capital First, says that there is no significant reason for the stock's price dipping 20% on Tuesday. The depreciation of the rupee has not affected the company's SME portfolio as of now, but it will now adopt a cautious approach.

  • Reliance Industries spuds first exploration well in 5 years

    Reliance Industries (RIL) has spud its first exploration well in more than five years on the flagging natural gas fields in KG-D6 block as it looks for new reserves to supplement falling output.

  • RIL gets nod to drill new well in D6; stock firms

    Reliance Industries has received nod to drill new well in D6, reports The Economic Times. At 09:18 hrs Reliance Industries was quoting at Rs 791, up Rs 6.30, or 0.80%.

  • Countdown to Merger Control! (Part II)

    We are continuing our debate on the impending Merger Controls in India, effective 1st June, 2011.

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