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Friday, October 31, 2025
TopicONGC

Topic: ONGC

China has positioned its coast guards near ONGC’s South China Sea blocks, says Vietnam

Vietnamese official says Chinese presence could create a potentially 'dangerous' situation in the region.

ONGC Videsh to miss disinvestment bus despite Modi govt’s ambitious target

The Modi govt has an ambitious disinvestment target of Rs 1.05 lakh crore, but is not comfortable with launching an IPO for ONGC Videsh.

Modi govt likely to give up direct control of ONGC, IOC, GAIL, NTPC

An official said the govt identified the biggest energy companies as probable candidates for cutting its direct holding to below 51%.

Modi govt puts oil PSU mergers on hold, ‘no room for experiments’ now

Former finance minister Arun Jaitley had earlier pushed for ONGC and HPCL merger, which has not been smooth.

ONGC says it’s not facing a fund crunch despite falling cash balance

ONGC’s cash balance fell to Rs 167 crore in Sept 2018 from Rs 9,511 crore in March 2017, but it says it has enough to finance current and future projects.

ONGC cash reserves crash to Rs 167 crore from Rs 9,511 crore in 1.5 years under Modi govt

ONGC’s cash & bank balances hit Rs 167 crore in Sept 2018, down from Rs 9,511 crore in March 2017, following the acquisition of HPCL and other govt diktats.

Modi govt promised to raise India’s crude oil output – but it actually dropped last 5 yrs

Higher crude imports went unnoticed due to global prices, analysts say. Modi govt says ‘made considerable progress, but it takes time’.

Modi govt met disinvestment target only because one public sector company bought another

Analysts say sale of govt’s shares in REC Ltd to the Power Finance Corporation is just an ‘eyewash’ because it doesn’t reduce its actual ownership.

Market cap of public sector firms has slumped under Modi govt but private have prospered

Data shows market cap of large PSUs such as ONGC & BHEL have fallen between 25 & 40 per cent in the last 5 years.

Modi govt’s oil policies hurt bid to sell stake in ONGC

Investors, fund managers are concerned with effects of govt pricing policies on ONGC’s share price, reimposition of subsidies and lower state-set prices.

On Camera

Starbucks was once progressive. It’s now approaching a dangerous spot in culture wars

Former CEO Howard Schultz once told shareholders those who opposed his support of same-sex marriage were free to invest elsewhere. But now, CEO Brian Niccol seems to be selling Starbucks as a place that just, well, sells coffee.

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

India pulled out of Tajikistan’s strategically important Ayni air base in 2022. Here’s why

Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.