Impairment loss drags earnings
* Our ADD recommendation on ONGC with a TP of INR 86 is premised on rich OCF yield of 6/35% and divided yield of 14% for FY21/22E. We be..
Q4 turns red on impairment; outlook hinges on oil prices and gas reforms
* ONGC reported standalone revenue/EBITDA/net loss of Rs214.6bn/Rs55.5bn/Rs31.0bn in Q4FY20, o..
In one of the last reforms in the oil and gas sector, the government is set to free up pricing of all domestically produced natural gas that would help scale up local pro..
State-run ONGC is looking at opportunities for optimising its capital and operational expenditures as the coronavirus pandemic has impacted the progress of its projects.
SBI Life Insurance Ltd
* Stock has given fresh breakout on daily chart with huge volume spike on daily chart
* On weekly chart also stock has given breakout from bu..
The country's largest power producer NTPC Ltd and upstream oil major Oil and Natural Gas Corporation Limited (ONGC) have decided to come together and set up a joint v..
Government may revive plan for further consolidation in the public sector oil companies by allowing mergers between producing, marketing gas transportation and consultanc..
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Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
Headwinds recede for Tata Motors, but it is not out of the woods just yet
Infosys signs agreement with U.S. IRS; sees lower tax rate
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