The Oil and Natural Gas Corporation (ONGC) delivered a powerful performance in the second quarter of the fiscal year 2024-25, posting a 17.1% rise in net profit, amounting to ₹11,984 crore, up from ₹10,238 crore in the same quarter last year. The board, which convened on 11 November, approved a dividend of ₹6.00 per share, […]
In a decisive move to bolster its position in the global energy market, the Government of India has approved an additional investment of Rs.18,365 crores by Oil and Natural Gas Corporation Limited (ONGC) in ONGC Petro-additions Limited (OPaL). This approval elevates ONGC’s stake in OPaL from 49.36% to a commanding 95.69%, marking a pivotal shift […]