State-owned Oil and Natural Gas Corporation (ONGC) last month signed a technical service contract with BP to reverse ...

BP projected an increase in oil production by 44% to 65.41 million tonnes and gas output by 89% to 112.63 BCM from the Mumbai High field, ONGC had said adding the increase in production is expected to ...

ONGC partners with BP to revitalize Mumbai High oilfield, aiming to increase production by 44% for oil and 89% for gas. BP ...

The privatisation of Litro Gas Lanka Ltd is a fine balance between the state and the private sector efficiencies as Sri Lanka moves ahead in its economic restructuring process. And it will have to be ...

Key divestment candidates, Ajay Garg of SMC Global Securities said, include CONCOR, BPCL, LIC, SCI and HAL, all of which are ...

Key divestment candidates include BPCL, LIC, CONCOR, SCI and Hindustan Aeronautics Ltd (HAL), all of which are likely to be ...

In a significant departure from its earlier policy focus, the Union government is stepping back from aggressive privatisation efforts and is instead investing heavily in reviving ailing state-run ...

According to government sources, the government of Indian Prime Minister Narendra Modi has changed its emphasis from aggressive divestment to reviving faltering state-run businesses. Following ...

Less than a month into 2025, New Delhi has plans to invest about $1.5 billion in financial rescue packages for two state-owned firms after failing to sell them to private companies.

It has also decided to put in "abeyance" privatisation of at least nine state-owned units after opposition from relevant ministries, according to a document that detailed recommendations of a ...

The government has also allocated 80 billion rupees in 2024/25 for bond repayments of state-run telco MTNL that has seen a series of defaults lately, according to budget documents for the current year ...