The Mumbai-based firm, with a strong foothold in Gurugram, was scheduled to construct one of its largest residential developments in the city
In the two years leading up to March 2023, ONGC, India's largest oil and gas producer, posted a cumulative profit of about Rs 80,000 crore. It currently has no net debt.
In a stock market announcement, the bank stated that it would work closely with the RBI to address their concerns as soon as possible.
Petrol and Diesel prices in cities across India on 11-10-2023
Brent crude had risen 12 cents to $87.77 per barrel. WTI crude for the United States increased by 3 cents to $86.00 a barrel.
The company has allotted a day, October 17, for anchor investors to bid.
Following a Tuesday high of $1,860.97 per ounce, spot gold was up 0.1%. American gold futures remained steady at $1,874.50.
Numerous Fed officials have hinted recently that the need for the American central bank to tighten monetary policy may not be as great as first believed.
RBI forward looking surveys in September show optimism on growth, inflation and also on credit offtake.
The claim was initially brought against bankrupt Essar Steel India
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