ONGC auction gets bids for 48 lakh shares
The auction for sale of the government's 5 per cent stake in ONGC gained momentum by early afternoon, as bids came in for about 48 lakh shares.
The bids have been mostly in the price range of Rs
ONGC auction gets bids for 1.35 crore shares
The one-day auction for sale of the government's 5 per cent stake in ONGC gained further momentum by afternoon trade wit total bids for about 1.35 crore shares, but was still far away from the tota
Investors dump ONGC auction; floor price plays spoilsport
The government's Rs 12,400-crore auction of its shares in Oil and Natural Gas Corp (ONGC) today came a cropper as bids received were only for less than 70 per cent of the issue size.
Country's main s
Government manages to succeed with ONGC share sale
After some hiccups and a late government intervention, the sale of government's 5 per cent stake in ONGC through an auction finally managed to sail through with an estimated proceeds of about Rs12,000
ONGC scrip climbs 5 per cent on govt share sale decision
ONGC shares surged nearly 5 per cent on the bourses on Wednesday, a day after the government decided to offload 5 per cent stake in the company through auction.
Buoyed by the news, ONGC scrip opened
India approves $2.5 billion ONGC share auction
A panel of ministers has approved selling 5 per cent equity in state-run Oil and Natural Gas Corp (ONGC) through a share auction, Oil Minister S. Jaipal Reddy said, in a deal that could raise as much
EGoM on ONGC disinvestment postponed
The much-awaited ministerial panel's meeting to discuss the roadmap to the Rs 12,000-crore ONGC stake sale on Monday has been postponed and is now likely to take place sometime this week, an official
Gulf funds pledge to buy stake in ONGC: Report
Sovereign wealth funds from the United Arab Emirates and Kuwait are among foreign investors that have pledged to buy shares in state-run Oil & Natural Gas Corp, the Economic Times reported on Monday.
Iran sanctions could put ONGC Videsh plans on the backburner
The ongoing sanctions imposed by the US and some European countries against Iran due to its nuclear programme may put some of the ONGC Videsh's plans in that country on the backburner, according to a
EGoM fails to decide on ONGC, BHEL stake sale, to meet again
With just one-and-half months left to meet the Rs 40,000 crore disinvestment target for this fiscal, a panel of Ministers on Wednesday failed to take a decision on stake sale of blue chip oil major ON