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Yes Bank, SBI Cards top bought large cap stocks for MFs in March
By IANS |
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New Delhi: A branch office of Yes Bank after it resumed full-fledged banking operations, in New Delhi on March 18, 2020. There were initial glitches with customers complaining of problems in using online banking services and the mobile app.The 13-day. Image Source: IANS News
Mumbai, April 13 : As equity linked mutual funds schemes witnessed net inflows for the first time in nine months in March, Yes Bank, SBI Cards and Payment Services, and Havells India Ltd were among the the top bought stocks in large cap by mutual funds last month.
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
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For better resource management, ONGC is ‘on track’ to merge MRPL and HPCL
March 14, 2021
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Acquisition of OMPL by MRPL is the first step towards the consolidation of downstream business, says ONGC chief
As part of its consolidation drive for better resource management, Oil and Natural Gas Corporation Ltd (ONGC) is moving towards the merger of its two refining subsidiaries – Mangalore Refinery and Petrochemicals Ltd (MRPL) with Hindustan Petroleum Corporation Ltd (HPCL).
There were expectations that the proposed merger may happen in 2021, but it may be pushed back due to the pandemic.
However, the process has already started with the integration of ONGC Mangalore Petrochemicals Limited (OMPL) with MRPL. MRPL held a controlling stake of 51 per cent in OMPL, while ONGC held the remaining 49 per cent. Now, OMPL is a 100 per cent subsidairy of MRPL. Shashi Shanker, Chairman and Managing Director of ONGC, told