Page 31 - Subhash Kumar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 19,642 crore in Q4 FY21 over Q3 FY21. The IT firm's consolidated net profit declined 6.1% while revenue...

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, well services, logging, workover services and data processing entities. The petroleum ministry has t...

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 India's 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 f...

The petroleum ministry has told India's 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 Director Subhash Kumar giving a seven-point action plan, 'ONGC Way Forward' that would help the firm raise...

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.