The petroleum ministry has told ONGC to give away 60%stake plus operating control in India's largest oil and gas producing fields of Mumbai High and Bassein to foreign companies, according to an October 28 letter to the state-owned company. Amar Nath, additional secretary (exploration) in the Ministry of Petroleum and Natural Gas, wrote a 3-page letter to ONGC chairman and managing director Subhash Kumar, saying productivity of the Mumbai High and Bassein & Satellite (B&S) offshore assets under state-owned firm was low and international partners should be invited and given 60 per cent participating interest (PI) and operatorship. This is the second time since April that Nath, who is part of the ONGC management as the longest-serving government nominee director on its board and often considered a potential candidate to replace Kumar next year, has written an official letter, painting a poor picture of the company's performance.
Everyone wants to show Salman their support.
Future Retail Ltd (FRL) on Tuesday said it will explore all legal remedies to pursue its Rs 24,713-crore deal with RIL following a Delhi high court order directing status quo to be maintained till the court pronounces its order. Earlier in the day, a Delhi high court bench of Justice J R Midha directed FRL to maintain status quo in relation to its deal with Reliance Retail that has been objected to by US-based e-commerce giant, Amazon. Amazon welcomed the latest court directive.
Here's what your favourite celebrities have been upto.
The Central Bureau of Investigation on Tuesday on Tuesday contended before the Delhi high court that former Haryana Chief Minister O P Chautala was the "main conspirator" in the junior basic trained teachers' recruitment scam of 2000.
Petroleum Minister Dharmendra Pradhan on Tuesday put state-owned ONGC and OIL on notice saying oil and gas reserves they hold need to be monetised through joint ventures with domain experts or the government will take them away and auction them. Speaking at BNEF Summit, he said state-owned firms cannot indefinitely sit on resources when the nation is a net importer of oil and gas. Despite India bidding out acreages to private and other companies since the 1990s, Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) hold a "sizeable number of acreage for years," he said.
Kishore Biyani-led Future Retail Ltd (FRL) on Monday said it is "reviewing" the Delhi high court order that has rejected its plea to restrain Amazon from writing to regulatory authorities about the SIAC arbitral order against its asset sale under a Rs 24,713 crore deal with Reliance. FRL, in a regulatory filing, said it would submit a brief summary after consultation with legal advisors.
The Delhi high court on Friday sought CBI's response on the plea of Indian Administrative Service officer Vidya Dhar, awarded 10 years imprisonment along with former Haryana Chief Minister O P Chautala in the Junior Basic Trained teachers scam, against his conviction and jail term.
The Delhi High court on Monday sought response of the Central Bureau of Investigation on Indian Administrative Service officer Sanjiv Kumar's appeal against his conviction and 10-year jail term in the case of illegal recruitments of teachers in Haryana.
And the reason has everything to do with box office collections, says Vanita Kohli-Khandekar.
Vilasrao Deshmukh should quit the Union Cabinet in the wake of critical observations made by the Bombay high court on his role as the then chief minister in the land deal involving Subhash Ghai's Mukta Arts, Maharashtra Bharatiya Janata Party demanded on Saturday.
The Delhi high court on Friday refused to suspend the sentence awarded to former Bharatiya Janata Party President Bangaru Laxman, in a graft case, on his appeal filed against his conviction and sentencing by the trial court.
Subhash Ghai and the students and faculty of Whistling Woods protest against the Supreme Court's verdict of closing down the filmmaking institute.
Filmmaker Subhash Ghai on Friday said that he felt "cheated" by the Maharashtra government after Supreme Court upheld the Bombay High Court order quashing the 20 acre land allotted to his film school Whistling Woods International.
The Delhi high court on Thursday refused to direct the Centre to take back a press release of the army alleging that Lieutenant General (retired) Tejinder Singh offered a bribe to the army chief in connection with a defence deal. "The Union of India cannot be directed to disown or retract the aforesaid press release," Justice Mukta Gupta said while disposing off a petition by Tejinder Singh seeking withdrawal of the alleged defamatory press release.
The Delhi High Court on Monday asked Lt Gen (retd) Tejinder Singh, seeking withdrawal of an alleged defamatory press release accusing him of offering bribe to the Army chief to clear a defence deal, to prove that the right to reputation is a fundamental right.
The Delhi high court on Friday sought the Central Bureau of Investigation's stand on former Samata Party president Jaya Jaitly's plea against a trial court order. The order charged her for allegedly taking a bribe to recommend to the then National Democratic Alliance government a fake defence gadget supply deal to the army 11 years ago.
The Centre was asked on Friday by the Delhi high court to clarify if the March 5 press release with allegations against former Lt Gen Tejinder Singh was issued by the government or by the Army officials in their individual capacity.
We invited you to share with us the love stories of your parents. Mukta Adpaikar wrote in this charming story that made us smile.
The Central Bureau of Investigation was on Friday directed by the Delhi high court to file its response on former Samata Party chief Jaya Jaitly's plea seeking a reduction in the surety amount to be deposited by her to visit abroad.
In an online chat with readers, Aziz Manva, IIM alumnus and head of Testfunda.com, addressed queries related to cracking the Symbiosis National Aptitude test (SNAP) 2011. Here's the transcript.
Appearing before Justice Mukta Gupta, Additional Solicitor General A S Chandhiok sought a week to take a stand on the issue, saying all the files regarding various officers, named by Tejinder Singh in his petition, has not reached him.
Former Commonwealth Games Organising Committee chief Suresh Kalmadi, an accused in a Games-related graft case, on Friday sought bail from the Delhi high court on the ground of delay in start of the trial in the case against him.
The Delhi high court on Wednesday sought the Central Bureau of Investigation's response on the bail plea of sacked Commonwealth Games Organising Committee chief Suresh Kalmadi in a Games-related scam case, who cited the Supreme Court ruling that bail should be the rule and jail an exception.
Cairn India and UK's BG Group too replied to audit observations.
We invited you to share with us the love stories of your parents. Mukta Adpaikar wrote in this charming story that made us smile. Anu Lakkaraju gives us a fascinating account of how her parents first met, fell in love and stood by each other all their life.
Justice Mukta Gupta granted a three-week parole to Santosh Kumar Singh, who is serving life term for the 1996 rape and murder of law student Priyadarshini Mattoo, to appear for LLM examination.
RIL and Shell ceased production from the fields in 2016, and ONGC has already been using Tapti infrastructure for its other fields for better optimisation.
The Delhi high court on Tuesday dismissed the bail plea of former Commomwealth Games Organising Committee Secretary General Lalit Bhanot, accused of favouring a Swiss firm in a contract that led to a loss of over Rs 90 crore to the exchequer.
In one of the country's biggest energy deals, Reliance Industries on Monday announced sale of 30 per cent stake in its 23 blocks including the giant KG-D6 gas fields to the United Kingdom's BP Plc for $7.2 billion.
The development of the constitution of the tribunal comes at a time when the Delhi high court in December 2020 refused to restrain Amazon from interfering in Future Retail's deal with Reliance Retail by writing to statutory authorities.
It is also understood that scope of this audit will far exceed the normal course of audit by CAG and the prime objective may be to detect fraud, if any, by RIL allegedly in collusion with oil regulator DGH and Ministry of Petroleum and Natural Gas.
The Delhi government on Wednesday pleaded before the Delhi high court that a magisterial inquiry into the Batla House encounter in which two suspected terrorists and a police inspector were killed would demoralise the police force.
Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi high court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor, a contention denied by the US-based e-commerce giant which said it was interested in salvaging FRL. FRL contended before a bench of Chief Justice D N Patel and Justice Jyoti Singh that Amazon was not concerned if the deal falls through then all the shops of the Indian company would be closed down and it's more than 25,000 employees would be without any livelihood. Senior advocate Harish Salve, appearing for FRL, told the court that the US-based e-commerce giant was only concerned that the Mukesh Ambani group company should not get the shops as they are a competitor of Amazon.
A consortium of British Gas, Oil and Natural Gas Corporation and Reliance Industries, which controls the PMT fields off the west coast, is spending about Rs 2,500 crore (Rs 25 billion) for reviving the reserve in this fiscal, while new wells are being drilled at the Cairn-operated Ravva field (off the Andhra coast) for small-sized additional discoveries. The Tapti field has witnessed 'natural decline in the production profile' during the first quarter ended June 2009.
A Marathi film produced by Shreya Talpade, Subhash Ghai and directed by Rajiv Patel, Sanai Chaughde, talks about arranged marraige system and what today's youth thinks about it.
Sanjay Khan's autobiography The Best Mistakes Of My Life out.
An interview with Celina Jaitley on her forthcoming movie Paying Guest.
Maitri, one of the first organisations in America aiming to empower South Asian women, raised over $500,000 at a fundraiser in Milpitas, California.
Subhash Ghai's Whistling Woods has tied up with Manipal Education to introduce a two-year MBA degree in media and entertainment.
