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LIC stake in ONGC rises to 9.5 percent after auction


March 5th, 2012 - 5:42 pm ICT by IANS
Mumbai, March 5 (IANS) The government-run Life Insurance Corporation of India picked up 37.71 crore shares of Oil and Natural Gas Corporation (ONGC) in an auction last week taking its ... Read more...

Posted in Business |

Bids worth Rs.12,766.75 crore received for ONGC shares


March 2nd, 2012 - 8:48 pm ICT by IANS
New Delhi, March 2 (IANS) The government Friday said it has received valid bids worth Rs.12,766.75 crore for divesting its five percent stake in the Oil and Natural Gas ... Read more...

Posted in Uncategorized |

Government allows state-owned firms to buy back shares


March 1st, 2012 - 8:07 pm ICT by IANS
New Delhi, March 1 (IANS) India Thursday allowed state-owned companies to buy back their own shares from the government as part of a strategy to raise a substantial amount ... Read more...

Posted in Business |

ONGC scrip soars after government nod for stake sale


February 29th, 2012 - 4:53 pm ICT by IANS
Mumbai, Feb 29 (IANS) The scrip of state-owned exploration major Oil and Natural Gas Corp (ONGC) Wednesday soared on the back of the government's approval to sell five percent ... Read more...

Posted in Business |

BHEL bags Rs.774 crore contract from ONGC


February 27th, 2012 - 9:33 pm ICT by IANS
New Delhi, Feb 27 (IANS) Power equipment maker Bharat Heavy Electricals (BHEL) Monday said it has secured a contract worth Rs.774 crore to supply onshore drilling rigs to Oil and ... Read more...

Posted in Business |

Supreme Court to hear PIL against Cairn-Vedanta deal


February 27th, 2012 - 9:09 pm ICT by IANS
New Delhi, Feb 27 (IANS) The Supreme Court will hear March 2 a suit that wants the acquisition of Cairn India, the nation's biggest onshore oil deposit, by Anil Agarwal-promoted ... Read more...

Posted in Business |

Sensex subdued, banking, realty stocks under pressure


February 22nd, 2012 - 2:01 pm ICT by IANS
Mumbai, Feb 22 (IANS) A benchmark index at Indian equities markets was Wednesday ruling on a subdued note a little before noon with banking, realty and consumer durables stocks ... Read more...

Posted in Business |

Sensex at seven-month high, closes 139 points higher (Roundup)


February 21st, 2012 - 8:24 pm ICT by IANS
Mumbai, Feb 21 (IANS) A benchmark index at Indian equities markets Tuesday closed 139 points higher, touching a seven-month high, as lingering interest from overseas investors continued to fuel ... Read more...

Posted in Business |

Sensex up 75 points, investors take a breather (Roundup)


February 14th, 2012 - 6:37 pm ICT by IANS
Mumbai, Feb 14 (IANS) A benchmark index for Indian equities markets Tuesday shot up in late trade to close 75 points higher, after remaining range bound for most of ... Read more...

Posted in Business |

ONGC official held for bribe sent to judicial custody


February 8th, 2012 - 8:54 pm ICT by IANS
Guwahati, Feb 8 (IANS) A CBI special court here Wednesday sent an official of the Oil and Natural Gas Corp (ONGC) to 14-day judicial custody for taking a bribe of ... Read more...

Posted in Business |

ONGC’s third quarter net profit down five percent


February 8th, 2012 - 8:14 pm ICT by IANS
Mumbai, Feb 8 (IANS) Oil and Natural Gas Corporation (ONGC) Wednesday reported a 4.82 percent decline in its net profit for the quarter ended Dec 31, 2011 at Rs.6,741.41 crore ... Read more...

Posted in Business |

Sensex closes 85 points up, Bharti drags (Roundup)


February 8th, 2012 - 6:24 pm ICT by IANS
Mumbai, Feb 8 (IANS) A benchmark index for Indian equities markets managed to close 85 points higher Wednesday, even though telecom heavy weight Bharti Airtel, which reported disappointing quarterly ... Read more...

Posted in Business |

Indian markets ruling higher, Asian cues positive


February 8th, 2012 - 1:40 pm ICT by IANS
Mumbai, Feb 8 (IANS) Indian equities markets were ruling higher a little before noon Wednesday, with a benchmark index trading 131 points higher amid positive cues from other Asian ... Read more...

Posted in Business |

Sensex closes lower, aviation stocks soar (Roundup)


February 7th, 2012 - 6:26 pm ICT by IANS
Mumbai, Feb 7 (IANS) A benchmark index for Indian equities markets Tuesday closed 84 points lower as traders booked profits after five consecutive weeks of rallying.Aviation stocks, however, shot ... Read more...

Posted in Uncategorized |

Sensex reverses losses, closes 107 points higher (Roundup)


February 1st, 2012 - 6:37 pm ICT by IANS
Mumbai, Feb 1 (IANS) A benchmark index for Indian equities managed to pare intra-day losses and put up modest gains Wednesday helped by positive cues from European markets. Buying ... Read more...

Posted in Business |

Corrupt ex-ONGC official jailed for three years in 1987 case


January 24th, 2012 - 10:39 pm ICT by IANS
Mumbai, Jan 24 (IANS) A special court here Tuesday convicted a former ONGC official to three years rigorous imprisonment in an almost two-and-a-half-decade-old corruption case."The anti-corruption branch of Central Bureau ... Read more...

Posted in Uncategorized |

Tripura to provide electricity in all hamlets by 2013


January 23rd, 2012 - 5:46 pm ICT by IANS
Agartala, Jan 23 (IANS) Tripura will electrify all hamlets that have less than 100 habitants by 2013 as these settlements are not covered by the central government's rural electrification programme, ... Read more...

Posted in Business |

RIL soars but fails to enthuse Sensex (Roundup)


January 18th, 2012 - 6:39 pm ICT by IANS
Mumbai, Jan 18 (IANS) A benchmark index for Indian equities markets Wednesday closed on a flat note despite heavyweight scrip Reliance Industries (RIL) soaring after announcing a share buyback.The ... Read more...

Posted in Business |

Sensex slips into red, IT stocks lose


January 18th, 2012 - 6:06 pm ICT by IANS
Mumbai, Jan 18 (IANS) Indian equities markets slipped into the red around noon Wednesday with a benchmark index giving up modest gains amid selling in IT and telecom stocks.The ... Read more...

Posted in Business |

Nokia, Tata and LG are most trusted brands in India


January 17th, 2012 - 10:11 pm ICT by IANS
New Delhi, Jan 17 (IANS) Nokia, Tata and LG are amongst most trusted brands in India, said a survey Tuesday.The revelation was made by 'Brand Trust Report 2012' which ... Read more...

Posted in Business |

Sensex continues to trade weak (Lead)


January 6th, 2012 - 2:50 pm ICT by IANS
Mumbai, Jan 6 (IANS) A benchmark index for Indian equities Friday continued to trade weak in the afternoon amid negative cues from other Asian bourses. Heavy selling was seen ... Read more...

Posted in Business |

Sensex dips moderately after two-day rise (Roundup)


January 4th, 2012 - 6:41 pm ICT by IANS
Mumbai, Jan 4 (IANS) A benchmark index for Indian equities markets Wednesday snapped its two-day rise and closed moderately lower as traders took a breather after the rally in ... Read more...

Posted in Uncategorized |

Sensex falls 97 points in choppy trade (Lead)


December 27th, 2011 - 6:46 pm ICT by IANS
Mumbai, Dec 27 (IANS) A benchmark index for Indian equities fell 97 points in choppy trade Tuesday as most of the investors turned wary about building positions ahead of ... Read more...

Posted in Business |

Sensex dips 204 points; in red for fifth straight day (Roundup)


December 20th, 2011 - 7:37 pm ICT by IANS
Mumbai, Dec 20 (IANS) A benchmark index for Indian equities Tuesday closed in the red for the fifth straight day, falling 204 points on continued selling by foreign funds ... Read more...

Posted in Business |

Anna Snooker: Damani cracks 116 break


December 17th, 2011 - 11:42 pm ICT by IANS
Chennai, Dec 17 (IANS) Brijesh Damani (ONGC) shrugged off a first frame loss to beat local challenger Peter Paul 3-1 and post a century break in the preliminary league of ... Read more...

Posted in Sports |

Joshi rallies to beat Girish


December 16th, 2011 - 9:07 pm ICT by IANS
Chennai, Dec 16 (IANS) Veteran Devendra Joshi (PSPB) rallied from a two-frame deficit to beat R. Girish (Railways) 3-2 in his opening league fixture and set the tone in the ... Read more...

Posted in Uncategorized |

Sensex recovers to close 132 points higher


December 13th, 2011 - 6:42 pm ICT by IANS
Mumbai, Dec 13 (IANS) Helped by some late buying in heavyweight scrips, a benchmark index for Indian equities Tuesday rose sharply in the last hour of trade and closed ... Read more...

Posted in Business |

Tripura, Mizoram may depanel AMRI Hospital


December 11th, 2011 - 8:42 pm ICT by IANS
Agartala/Aizawl, Dec 11 (IANS) The devastating fire at AMRI (Advanced Medicare and Research Institute) Hospital in Kolkata may force the Tripura and Mizoram governments to remove it from their list ... Read more...

Posted in Health |

Vedanta meets all conditions for stake buy out: Cairn


December 7th, 2011 - 9:35 pm ICT by IANS
Mumbai, Dec 7 (IANS) Oil explorer Cairn Energy Wednesday said it will go ahead with the sale of 40 percent of its stake in the India subsidiary to Anil Agarwal-promoted ... Read more...

Posted in Business |

Sensex rises 72 points; tech and reality scrips gain (Lead)


December 7th, 2011 - 7:51 pm ICT by IANS
Mumbai, Dec 7 (IANS) A benchmark index for Indian equities Wednesday closed 72 points higher, led by good buying support in technology and realty stocks.The 30-scrip sensitive index (Sensex) ... Read more...

Posted in Business |

ONGC beat Air India to win Lal Bahadur Shastri hockey


December 3rd, 2011 - 8:35 pm ICT by IANS
New Delhi, Dec 3 (IANS) Oil and Natural Gas Corporation (ONGC) defeated Air Inida 4-2 in a tie breaker to win the Lal Bahadur Shastri hockey tournament at the Dhyan ... Read more...

Posted in Sports |

Punj Lloyd bags Rs.469 crore ONGC pipeline order


November 28th, 2011 - 6:03 pm ICT by IANS
Mumbai, Nov 28 (IANS) Infrastructure major Punj Lloyd Monday said it has bagged an engineering, procurement and construction (EPC) offshore project at Bombay High worth Rs.469 crore from Oil and ... Read more...

Posted in Business |

ONGC beat Punjab National Bank in Nehru hockey final


November 25th, 2011 - 8:49 pm ICT by IANS
New Delhi, Nov 25 (IANS) Tournament sponsors Oil and Natural Gas Corporation (ONGC) won their maiden Nehru Cup hockey title Friday, beating Punjab National Bank (PNB XI) at the National ... Read more...

Posted in Uncategorized |

PNB XI to clash with ONGC in Nehru hockey final


November 24th, 2011 - 8:45 pm ICT by IANS
New Delhi, Nov 24 (IANS) Punjab National Bank (PNB XI) outclassed Air India 4-2 to make their maiden final of the ONGC Nehru Senior hockey tournament.PNB XI will take on ... Read more...

Posted in Sports |

Sensex climbs from two-year low to close 158 points up


November 24th, 2011 - 7:20 pm ICT by IANS
Mumbai, Nov 24 (IANS) A benchmark index for Indian equities in a late rally Thursday moved up from its two-year low and closed 158 points higher as buying picked ... Read more...

Posted in Business |

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