Keyword : Oil India

ONGC, Oil India seek cut in cess

State-owned oil producers ONGC and Oil India along with private sector Cairn India have asked the government to cut cess on crude oil in view of slump in prices. The Oil Industry (De

Govt waives customs duty for ONGC, Oil India

The government has exempted customs duty on goods imported for producing oil and gas from 69 oil fields of ONGC and Oil India. This aims at boosting domestic production of oil and ga

541 board level posts lying vacant in CPSEs

 More than 500 posts, including those of full-time and part-time directors, are lying vacant in various central public sector enterprises (CPSEs). Several posts of chairman and manag

Ajay Sawhney to head Oil India

 The government has entrusted Ajay Prakash Sawhney, additional secretary in the petroleum ministry, with the charge of chairman and managing director (CMD) of Oil India (OIL), the Financial Ex

Disinvestment rakes in Rs 21,000 crore

 The government has raised Rs 21,000 crore through stake sales and buybacks in April-September 2016-17. This is the highest-ever first half disinvestment revenue for any year, raising expectat

8 PSUs declare bonus shares

 Eight public sector undertaking (PSUs) companies have announced bonus shares for their shareholders thus far in the current calendar year 2016, reported Business Standard. Statistic

Myanmar gets diesel from India

 The first consignment of 30 metric tonnes (MT) of high speed diesel (HSD) was sent from India to Myanmar by land route.  Numaligarh Refinery Ltd. (NRL), which has been supplyin

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