Saturday, December 20, 2014

Will US keep ONGC out of its ‘active-in-Iran’ list?

US President Barack Obama’s visit to New Delhi next is likely to take bilateral relations to new height. But ahead of the much-hyped visit, India is likely to urge the US to take...

Friday, December 19, 2014

ONGC awards 100 mn Euro contract to Technip

STATE-owned explorer Oil and Natural Gas Corp (ONGC) has given a Euro 100 million contract to French firm Technip to build an oil and gas terminal at Odalarevu in Andhra Pradesh.
With a capacity of 6 million standard...

Thursday, December 18, 2014

ONGC and BPCL discover new gas reserve in Tamil Nadu

State-owned Bharat Petroleum Corporation Ltd (BPCL) has said its partner Oil and Natural Gas Corporation (ONGC) has found gas reserve in one of its oil blocks in Tamil Nadu's Nagapattinam district.
The block is held jointly by ONGC...

Wednesday, December 17, 2014

HPCL is recruiting Graduate Engineers through GATE

HINDUSTAN Petroleum Corporation Limited (HPCL), a Navaratna and Global Fortune 500 company, is hiring Graduate Engineers through GATE. If you are energetic and hard working, HPCL is the place you will love to work.
Ranked at 260 in Fortune 500 with an annual gross sales of Rs. 2, 32,188 crore during FY 2013-14 and having a strong presence in refining & marketing in India, HPCL has about 21 percent market share and 18 percent...

Tuesday, December 16, 2014

ONGC looks for idle units in PMT JV for free

THIS may sounds interesting! Oil explorer ONGC is willing to take over the equipment and infrastructure at the soon-to-be-exhausted Panna-Mukta-Tapti (PMT) fields, the PSU’s joint venture with Reliance Industries and BG India, says a media report.
However, the Maharatna PSU plans...

Monday, December 15, 2014

Fresh interview will be held for heads of 3 large PSU banks: Finance Ministry

THE Finance Ministry will be holding another round of interview for the top jobs at three large public sectors banks. The ministry will also invite candidates from private sector as it looks for talent from a wider pool of applicants.
There is a proposal that the interview for executive heads of category A banks could be held once again where candidates from private sector banks can also...

Saturday, December 13, 2014

PSU banks to gain from stake sale; SBI chairman's SBI statement backed by Fitch

SBI chairman Bhattacharya 
A DAY after State Bank of India chairman Arundhati Bhattacharya's statement on December 11 that the Cabinet’s decision to pare stake in state-owned banks will lead to a fresh round of banking reforms, and force these financial institutions...

Friday, December 12, 2014

Finance ministry expects good response to future disinvestment

THE recent stake sale in SAIL has encouraged the finance ministry for future stake sale. The Ministry hopes that the momentum will continue and future stake sale of PSUs would be well received up by investors, says a media report.
"Several other companies are on radar for disinvestment. We hope that divestment momentum will continue," the...