Oil and Natural Gas Corporation Ltd (ONGC.BO)
19 Jul 2019
NEW DELHI The Indian government has plans to raise as much as 3.25 trillion rupees ($47.4 billion) in the next five years by reducing its stakes in some large state-owned firms to 40%, two senior government officials told Reuters, in the nation's biggest privatization push in more than two decades.
BENGALURU, July 12 Indian shares closed lower after a volatile session on Friday, led by declines in IT firm Wipro Ltd and Oil and Natural Gas Corporation Ltd .
Exclusive: India aims to raise $47 billion from stake sales in state firms over five years - sources
NEW DELHI The Indian government has plans to raise as much as 3.25 trillion rupees (£37.8 billion) in the next five years by reducing its stakes in some large state-owned firms to 40%, two senior government officials told Reuters, in the nation's biggest privatisation push in more than two decades.
ALMATY, March 11 Italy's Eni and Kazakh state oil firm KazMunayGaz plan to make a joint bid to develop the Abai block in the Kazakh sector of the Caspian sea, KazMunayGaz said on Monday.
* Indian explorer Oil and Natural Gas Corp on Tuesday said partners operating a massive offshore block in Mozambique's Rovuma basin, called Area 1, have signed deals to sell 8.1 million tonnes per annum (mtpa) of liquefied natural gas (LNG)
NEW DELHI, Feb 21 India on Thursday revamped rules for future exploration and production of oil and gas blocks in its efforts to attract private investment and increase domestic production.
* Indian agreement cements over 8.5 mtpa in committed offtake
LONDON, Feb 15 U.S. independent energy producer Anadarko has notched up another long-term commitment to buy liquefied natural gas (LNG) from its proposed Mozambique terminal, moving closer to approving the multi-billion dollar project.
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_02152019.pdf If you would like to receive this newsletter via email, please register at: http://financial-risk-solutions.thomsonreuters.info/india-morning FACTORS TO WATCH • 10:00 am: Prime Minister Narendra Modi to flag off India's first semi-high speed train in New Delhi. • 1:30 pm: Insolvency and Bankruptcy Board of India Chairperson M.S. Sah
NEW DELHI, Feb 13 An Indian high court has set aside an arbitration award of more than 8 billion rupees ($113.19 million) owed to India's Hindustan Petroleum Corp Ltd by Malaysia’s M3nergy, according to a court document reviewed by Reuters.