Centre Cuts Windfall Tax on Domestic Crude Oil to Rs 1,700 Per Tonne
The government cut a windfall tax on domestic crude oil on December 16 and lowered taxes on diesel. The revised tax rates are effective from...
Tag : ONGC
Sensex Falls 350 Points, Nifty Around 18,600 Dragged by IT, Metal Stocks
In the current economic climate, two trends stand out. The US economy continues to be strong, as reflected in employment data, labour market conditions, and...
ONGC Jumps 3%, Hits 4-Month High Since Q2, Board Agrees to Pay 35% Interim Dividend
Shares of Oil and Natural Gas Corporation (ONGC) hit a more than a four-month high of Rs 143.20 in intraday trade on Tuesday after the...
ONGC Plans to Invest $1 Billion in Brazilian Offshore Block Held by Petrobras
India’s largest government-owned-oil producer ONGC Videsh Ltd (OVL), is likely to invest USD 1 billion in a Brazilian offshore hydrocarbon block and raise its stake....
ONGC, Oil India Shares Gain up to 6%, After Govt Hikes Gas Prices
In Monday’s intra-day trade, shares of state-owned oil exploration companies Oil India and Oil and Natural Gas Corporation (ONGC) gained up to 6 per cent...
Sensex, Nifty50 Rise as Financials, Oil, Gas and Auto Stocks Lift Markets
India’s stock benchmark tracked the strength of most other Asian markets on the back of early gains after edging higher on Tuesday. Buying interest in...
Sensex Closes 305 Points Below Session High in Volatile Trade
India’s stock market benchmark ended volatile on Friday, little changed as losses in oil and gas and IT stocks offset gains in financials and FMCG...
ONGC, Oil India Shares Up as Crude Oil Holds Above $100 per Barrel
Shares of oil and gas companies, including ONGC and IOC, extended gains on Thursday as crude prices continued to trade above $100 a barrel on...
Sensex, Nifty50 Edge Lower on Weakness In IT, Pharma Stocks
India’s stock market benchmark fell on Thursday, pulling back from a four-month high on weakness in IT, healthcare and oil and gas stocks. Globally, investors...
ONGC and ExxonMobil Sign Deepwater Exploration Agreement in India
State-owned oil and gas company (ONGC) said on Wednesday it had signed a deal with global oil giant ExxonMobil to conduct deepwater exploration of India’s...