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    1. Business News
    2. Authors
    3. siddhartha p saikia

    Siddhartha P Saikia

    As gas price set to drop more under Narendra Modi regime, ONGC pleads for floor price to be fixed

    With regulated domestic natural gas price set to drop 20% for the six months from October 1, state-run ONGC, the…

    By Siddhartha P Saikia
    September 29, 2016 06:37 IST
    ONGC Videsh, Indian Oil, Oil India in talks to buy Rosneft’s Vankor-Cluster stake

    A preliminary agreement between the Indian firms and Rosneft is likely to be signed when Russian President Vladimir Putin visits…

    By Siddhartha P Saikia
    Updated: September 28, 2016 08:22 IST
    ONGC stake sale: Subsidy burden gone, Centre eyes disinvestment

    The government is understood to be re-evaluating the sale of a 5% stake in ONGC now that the oil and…

    By Siddhartha P Saikia
    September 27, 2016 07:21 IST
    GAIL to take call on LNG ship tender by September 30

    After dragging on for more than two years, GAIL (India) is expected to decide on its multi-billion dollar contract to…

    By Siddhartha P Saikia
    September 27, 2016 06:28 IST
    Base erosion and profit shifting protocol: Small firms may get relief

    The threshold could be R5,400 crore of annual consolidated group revenue for the purpose of country-by-country reporting

    By Siddhartha P Saikia
    September 24, 2016 06:50 IST
    KG-D6 gas controversy: Penalty on Reliance Industries to be fixed by DGH

    On the heels of the AP Shah panel’s confirmation of “unjust enrichment” of Reliance Industries (RIL) from gas migrated from…

    By Siddhartha P Saikia
    September 23, 2016 06:54 IST
    GST: States want to tax business with turnover below Rs 1.5 crore

    Revenue secretary Hasmukh Adhia has said there could be a scenario of multiple GST rates on the lines of some…

    By Siddhartha P Saikia
    Updated: September 23, 2016 17:09 IST
    Rs 6,100 cr service tax demand on ONGC Videsh threatens to nullify returns; here’s how

    ONGC Videsh is disputing service tax demands to the tune of over Rs 6,100 crore slapped on it through multiple…

    By Siddhartha P Saikia
    Updated: September 21, 2016 06:45 IST
    kerosene price
    Kerosene price to rise 25 paise every fortnight

    The oil marketing companies increased PDS kerosene price by 25 paise per litre on Thursday, a fortnight after a similar…

    By Siddhartha P Saikia
    Updated: September 17, 2016 06:38 IST
    ONGC starts selling gas at ‘premium’

    State-run ONGC has started selling natural gas from its East Coast field at a premium price of $6.61/mBtu, to be…

    By Siddhartha P Saikia
    September 14, 2016 06:28 IST
    Petroleum ministry moots market price for CBM gas

    In a boost to hydrocarbon exploration firms Reliance Industries (RIL) and ONGC, the petroleum ministry has proposed to offer market…

    By Siddhartha P Saikia
    September 14, 2016 06:27 IST
    ONGC to seek compensation for natural gas taken out by RIL from KG Basin block

    Public-sector explorer ONGC will claim compensation for natural gas worth Rs 11,000 crore being taken out by Reliance Industries (RIL)…

    By Siddhartha P Saikia
    Updated: September 9, 2016 07:04 IST
    Cairn India, ONGC get 10-yr Barmer block extension beyond 2020

    Private explorer Cairn India and its state-run partner ONGC will get a 10-year extension for the Barmer oil and gas…

    By Siddhartha P Saikia
    Updated: September 8, 2016 06:49 IST
    kg basin case, krishna godavari basin, ril, reliance, kg basin, ongc, petroleum, oil and natural gas, ril oil, reliance oil, arvind kejriwal, delhi government, delhi high court
    Ahead of project stake sale to ONGC, GSPC to spin-off KG Basin block into new company

    The Gujarat government-owned GSPC is considering hiving off its deep-water block in the Krishna-Godavari (KG) Basin into a separate company,…

    By Siddhartha P Saikia
    Updated: September 6, 2016 06:34 IST
    Indian Oil Corp, Oil India eye stake in Rosneft’s Vankor-Cluster assets; deal may be inked in Oct

    India’s public-sector hydrocarbon companies including Indian Oil Corporation (IOC) and Oil India (OIL) are in fresh talks with Russia’s state-run…

    By Siddhartha P Saikia
    September 3, 2016 06:28 IST
    RIL, Reliance industries, reliance jio
    Reliance Industries ‘guilty’ of taking ONGC gas: AP Shah panel

    Reliance Industries (RIL) and its foreign partners BP Plc and Niko Resources have been found “guilty” for taking out natural…

    By Siddhartha P Saikia
    September 1, 2016 06:37 IST
    ONGC shares bse sensex
    Cairn India, ONGC draw 10-yr roadmap for Barmer block

    Cairn India and its joint venture partner ONGC have drawn up a 10-year roadmap for development of their Barmer hydrocarbon…

    By Siddhartha P Saikia
    August 27, 2016 06:27 IST
    Crude Oil
    Relief for ONGC, Oil India, GAIL as govt to foot entire fuel subsidy bill

    Starting this fiscal, the government will bear the entire fuel subsidy burden, doing away with the practice of shifting part…

    By Prasanta Sahu
    Updated: August 23, 2016 12:14 IST
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    FSSAI conducts inspections to remove non-compliant ORS-labeled beverages from retail stores and e-commerce platforms.

    FSSAI orders immediate removal of beverages misusing ‘ORS’ label

    India, Israel agree on terms for FTA, aims 10-fold rise in trade

    Trade unions seek repeal of labour codes 

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