ONGC may sell IOC stake to LIC in block deal
ONGC has already secured shareholder nod to raise up to Rs 25,000 crore debt, he said, adding that the company had about Rs 10,000 crore of cash in hand.
Oct 09, 2017, 13:34 PM IST
ONGC may sell IOC, GAIL stakes to fund HPCL acquisition
He ruled out making an open offer to minority shareholders of HPCL post acquiring government's 51.11 per cent stake.
Sep 28, 2017, 15:41 PM IST
Govt looks at divestment in oil PSUs, new subsidy sharing way
With disinvestment in ONGC stuck due to subsidy woes, the government is looking at selling stake in other oil PSUs like Oil India Ltd (OIL) and gas utility GAIL India to meet its revenue targets.
Jan 08, 2015, 18:59 PM IST
Govt plans $2.8 bn ONGC stake sale by early Dec: Sources
The government is planning to sell a 5 percent stake in state-run energy explorer Oil and Natural Gas Corpin the last week of November or the first week of December, two sources directly involved in the deal said on Wednesday.
Nov 05, 2014, 17:56 PM IST
14 merchant bankers line up for managing ONGC stake sale
As many as 14 merchant bankers, including Citigroup Global, Barclays Plc and Morgan Stanley, have made a beeline for managing the 5 percent stake sale of ONGC, which could fetch over Rs 17,000 crore to the exchequer.
Aug 20, 2014, 21:11 PM IST
DoD to appoint merchant bankers for ONGC stake sale
The Department of Disinvestment has kickstarted the process of 5 percent stake sale in ONGC and invited bids for appointing merchant bankers to manage the share sale, which could fetch over Rs 17,700 crore to the exchequer.
Jul 16, 2014, 20:02 PM IST
