Saturday, September 8, 2012

OVL buys US firm’s stake in Azeri oil fields for $1bn

OVL buys US firm’s stake in Azeri oil fields for $1bn

OVL buys US firm’s stake in Azeri oil fields for $1bn

Posted: 08 Sep 2012 05:22 PM PDT

In its first acquisition in Azerbaijan, ONGC Videsh Ltd on Saturday bought US energy firm Hess Corp's stake in Azeri, Chirag and Guneshli (AGC) group of oil fields in the Central Asian nation for $1 billion.

Telecom user base drops by over 20 million

Posted: 08 Sep 2012 05:09 PM PDT

Telecom subscriber base fell to 944.81 million in July from 965.52 million a month ago, the first ever decline in the country. The subscriber base report for the month of July released by Telecom Regulatory Authority of India (TRAI) shows that overall telecom user base of the country dropped by 20.71 million subscribers over June.

Alchemist group head K D Singh quits

Posted: 08 Sep 2012 04:53 PM PDT

There is a son rise in the Rs 10,000-crore poultry farm. Trinamool Congress MP and Chandigarh-based chicken czar Kanwar Deep Singh has announced his son as successor to lead his mega company Alchemist Group, less than three months after he was made the TMC party chief for north India.

Rs 71k crore wiped out of Adani market cap

Posted: 08 Sep 2012 04:00 PM PDT

Gujarat's top corporate house is finding the going tough on the bourses. Market capitalisation of all Adani group companies, promoted by billionaire Gautam Adani, has dipped in the past12 months — a staggering Rs 71,088 crore, or about $13 billion, has been wiped out of Adani group's wealth during the period.

Gold costlier, but no dip in demand

Posted: 08 Sep 2012 01:53 PM PDT

Gold never loses its sheen. And if the unabated consumer appetite for the yellow metal is not a proof of this, what could be?

EU seeks full bank oversight in next anti-crisis move

Posted: 08 Sep 2012 06:41 AM PDT

The EU Commission called on Saturday for swift joint oversight of all euro zone banks, taking another step in the bloc's drive to stem its long crisis following the European Central Bank's plan to buy bonds of weak member states.

Gold hits new high of Rs 32,450

Posted: 08 Sep 2012 06:39 AM PDT

Tracking strong global cues, gold today soared by Rs 540 per ten grams to fresh all-time high of Rs 32,450 in the national capital.

Telecom user base declines for first time

Posted: 08 Sep 2012 06:36 AM PDT

Telecom subscriber base fell to 944.81 million in July from 965.52 million a month ago, the first ever decline in the country.

Kerala to get own airline

Posted: 08 Sep 2012 06:33 AM PDT

Given the large number of Keralites who would offer it patronage, and given also the large number of them regularly fleeced by airlines, it is surprising that this idea took so long reaching fruition.

ONGC buys stake in Azeri field for $1 bn

Posted: 08 Sep 2012 03:16 AM PDT

In its first acquisition in Azerbaijan, ONGC Videsh Ltd today bought US energy firm Hess Corp's stake in Azeri, Chirag and Guneshli (AGC) group of oil fields.

Sensex gains 48pts in special session

Posted: 07 Sep 2012 11:45 PM PDT

The BSE sensex improved further by 48 points in early trade during a special session today on sustained buying support from investors, mainly in metal, auto, FMCG and PSU counters.

Sensex opens 41 points higher

Posted: 07 Sep 2012 11:45 PM PDT

The BSE benchmark sensex today gained nearly 41 points at opening of the special 90-minutes trading on sustained buying by funds.
Posted by Harshad at 9:03 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)