Page 16 - Subhash Kumar News Today

ICICI Bank reported net profit of Rs 4,403 crore in Q4-2021, up 260.61% compared with net profit of Rs 1,221 crore in Q4-2020. Total income during the quarter increased by 2.2% year-on-year (YoY) to Rs 23,953.02 crore. Provisions (excluding provision for tax) were Rs 2,883 crore in Q4-2021 compared to Rs 5,967 crore in Q4-2020. Provision coverage ratio was 77.7% at 31 March 2021. HCL Technologies reported 25.6% drop in consolidated net profit to Rs 2,962 crore on 1.8% rise in revenues to Rs 19,...

Oil ministry tells ONGC to sell oilfields; hive off drilling, other services SECTIONS Last Updated: Apr 25, 2021, 03:56 PM IST Share Synopsis The action plan calls on ONGC to consider sale of stake in maturing fields such as Panna-Mukta and Ratna and R-Series in western offshore and onshore fields like Gandhar in Gujarat to private firms while divesting/privatising non-performing marginal fields. Agencies The ministry also wants the company to explore creating separate entities for drilling, we...

Petroleum Ministry orders ONGC to sell oilfields; hive off operations Union Petroleum Ministry also wants the state-run oil and gas producer to explore creating separate entities for drilling, well services, logging, workover services and data processing entities PTI | April 26, 2021 | Updated 01:35 IST The petroleum ministry has told Indias largest oil and gas producer ONGC to sell stake in producing oil fields such as to Ratna R-Series to private firms, get foreign partners in KG basin gas f...

The petroleum ministry has told Indias largest oil and gas producer ONGC to sell stake in producing oil fields such as to Ratna R-Series to private firms, get foreign partners in KG basin gas fields, monetise existing infrastructure, and hive off drilling and other services into a separate firm to raise production. Amar Nath, additional secretary (exploration) in the Ministry of Petroleum and Natural Gas, on April 1 wrote to Oil and Natural Gas Corporation (ONGC) Chairman and Managing Directo...

Read more about ONGC appoints Subhash Kumar as CEO on Business Standard. The board of state-run oil major appointed Subhash Kumar, director (finance), as chief executive officer (CEO) of the company.

Oil and Natural Gas Corporation Limited (ONGC) revealed Wednesday that three of its employees were abducted by unknown armed miscreants. Oil and Natural Gas Corporation Limited (ONGC) revealed Wednesday that three of its employees were abducted by “unknown armed miscreants”. The abduction took place on an ONGC rig site in the Lakwa field in the early hours of April 21, the company outlined. The abducted employees were taken in an operational vehicle belonging to ONGC, which was later found ...

Oil and Natural Gas Corporation Ltd (ONGC) on Monday invited bids from prospective buyers for the inaugural sale of 2 mmscmd gas from the Cluster 2 fields in its deepwater KG-DWN-98/2 block off the ea

Oil and Natural Gas Corporation Limited (ONGC) has revealed that its finance director, Subhash Kumar, has assumed the additional post of chairman and managing director of the company. Oil and Natural Gas Corporation Limited (ONGC) has revealed that its finance director, Subhash Kumar, has assumed the additional post of chairman and managing director of the company. Kumar, who succeeded Shashi Shanker, is described as an industry veteran with more than 36 years of experience in diverse activitie...

New Delhi [India], April 2 (ANI): ONGC's Finance Director Subhash Kumar has assumed additional charge of the post of Chairman and Managing Director following superannuation of Shashi Shanker on March 31.

Oil and Natural Gas Corporation (ONGC)’s Director (Finance) Subhash Kumar assumed additional charge as Chairman and Managing Director (CMD) on Thursday. An order on the matter was issued by the Ministry of Petroleum and Natural Gas on March 30, 2021. Kumar took charge upon the superannuation of incumbent CMD, Shashi Shanker on March 31, 2021. He has over 36 years of experience in diverse activities across the Exploration & Production (E&P) value chain. He joined ONGC in 1985 as a Finance an...