BANGALORE: India's ability to sustain a high growth rate would be determined by the pace of infrastructure development and stability in the country, a top official said on Thursday.

"Infrastructure development pace and social-political stability in the country will be key to sustain the high grow..

NEW DELHI: India’s largest share sale-Indian Oil Corp’s (IOC) Rs 19,000-crore issue-as well as Oil & Natural Gas Corp’s (ONGC) offering next year will get a shot in the arm as the government is preparing to make its ad hoc subsidy-sharing scheme more systematic and transparent, making the blue-chip ..

After a stellar performance from Coal India IPO, the government is considering to dilute 5% in India's largest PSU oil & gas exploration company ONGC via a follow-on public offer. The ONGC FPO is likley to take place in the financial year 2010-11.

The government will also start the process for a..

NEW DELHI: The petroleum ministry will support disinvestment in two state-owned oil majors ONGC and Indian Oil Corporation only after there is clarity on the subsidy sharing formula even as the ministry is examining a proposal by the disinvestment department.

“IOC is bleeding due to the heavy sub..

oNEW DELHI: The government plans to sell shares in Oil & Natural Gas (ONGC) and Indian Oil (IOC) to capitalise on the “feel good” mood among investors after raising petroleum product prices last week.

The petroleum ministry wants the department of disinvestment (DoD) to consider stake sales in th..