News Overview

The company has launched its Non-Convertible Debentures (NCDs) on December 4

ONGC operates the KG-DWN-98/2 block, which includes three clusters of discoveries—Cluster I, II, and III.

The fall in oil prices is anticipated to benefit paint stocks and Oil Marketing Companies (OMCs)

The first electric SUV is set to be launched in the next financial year (2024-25) and will be manufactured in the new plant at SMG's Gujarat facilit

Upstream oil companies like ONGC are adversely affected by declining crude prices as it reduces their refining margins

In less than a year, Jain's GQG Partners had almost doubled its investments in Adani shares.

The corpus of the Scheme will invest in Securities which are constituents of Nifty Smallcap250 Quality 50 Index and in Cash and Cash Equivalents.

This follows a recent increase in the capital requirements for banks and non-bank lenders to cover potential defaults when granting personal loans by the Reserve Bank of India.

The KG basin project has faced delays due to challenging geology, subsurface geological issues, shifting well locations, delays in the project supply chain due to the Covid-19 pandemic, and adverse weather conditions.

The move would be Shree Cement's first foray into mining, and the company has contacted mining specialists in Australia.