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Why ONGC Merger Not Explored, Congress On Pawan Hans Disinvestment
The Congress on Sunday raised questions over the deal to sale Centre's 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL), asking why the government did not explore merging the firm with ONGC.
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CBI Opens Probe Into Rolls-Royce's Dealings With 3 State-Owned Firms
The Central Bureau of Investigation (CBI) has opened an investigation into Rolls-Royce Holdings Plc, alleging the UK-based engine maker and its Indian arm improperly used a third-party to conduct business with three state-owned companies.
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ONGC Shares Surge On Deal To Buy Majority Stake In Hindustan Petroleum
HPCL shares fell as much as 3.8 per cent as the value of the deal was lower than market expectations. ONGC also said it would not buy shares from minority investors, contributing to the share fall.
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In Tense South China Sea, Vietnam Renews India Oil Deal
Asked about the most recent drilling, Vietnamese officials said their Chinese counterparts have started raising concerns about cooperation with both Repsol and ExxonMobil Corp. of the United States, which is developing the $10 billion "Blue Whale" gas concession off central Vietnam.
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Why ONGC Merger Not Explored, Congress On Pawan Hans Disinvestment
The Congress on Sunday raised questions over the deal to sale Centre's 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL), asking why the government did not explore merging the firm with ONGC.
-
CBI Opens Probe Into Rolls-Royce's Dealings With 3 State-Owned Firms
The Central Bureau of Investigation (CBI) has opened an investigation into Rolls-Royce Holdings Plc, alleging the UK-based engine maker and its Indian arm improperly used a third-party to conduct business with three state-owned companies.
-
ONGC Shares Surge On Deal To Buy Majority Stake In Hindustan Petroleum
HPCL shares fell as much as 3.8 per cent as the value of the deal was lower than market expectations. ONGC also said it would not buy shares from minority investors, contributing to the share fall.
-
In Tense South China Sea, Vietnam Renews India Oil Deal
Asked about the most recent drilling, Vietnamese officials said their Chinese counterparts have started raising concerns about cooperation with both Repsol and ExxonMobil Corp. of the United States, which is developing the $10 billion "Blue Whale" gas concession off central Vietnam.
