ONGC takes part in Kuwait Oil & Gas Show 2015 for the first time
Posted on 15th October 2015 |
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| DUBAI: With Kuwait showing keen interest in India's oil and gas sector, Oil and Natural Gas Corporation (ONGC) has for the first time taken part in the Kuwait Oil and Gas Show (KOGS) 2015. Minister of Oil Dr Ali Saleh Al-Omair, who inaugurated the ONGCBSE 1.45 % pavilion on October 12, showed keen interest in India's oil and gas sector, Indian embassy in Kuwait said. ONGC, which was founded in 1956, has entered into its diamond Jubilee year. The company accounts for 69 per cent of CRUDE OIL and 70 per cent of natural gas production in India. Kuwait Oil and Gas Show (KOGS) 2015 was held in Kuwait this week from October 12-14. ONGC Videsh Limited, a subsidiary of ONGC, has activities in 36 projects spread across 17 countries. ONGC's participation at the event is to showcase its capabilities in the oil and gas sector. The company committed to realise the Prime Minister's vision to reduce India's energy imports by 10 per cent by 2022.
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale
Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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