Oil and Natural Gas Corporation (ONGC) is reportedly planning to buy 27 drilling rigs, in a bid to replace nearly half of its ageing onland rigs. The estimated cost would be around Rs 3000-3500 crore. The new drilling rigs will help the company to make things more competent. ONGC is India’s largest government-run corporation and … Read more
Garden Reach Shipbuilders and Engineers (GRSEL) is eyeing an order book of Rs 28,000 crore from the Indian Navy and Indian Coast Guard to build warships. The company has a strong order book of Rs 20,300 crore, comprising gross order value in the shipbuilding segment, engineering segment and the engine segment. Garden Reach Shipbuilders & … Read more
Indiabulls Housing Finance is eyeing 20 percent plus growth in its business in the current macro environment. The company’s statement comes amidst concerns of liquidity crisis for the NBFC sector. It has over the years followed strict discipline of maintaining an optimally matched balance sheet, high liquidity and high capital adequacy. Indiabulls Housing Finance is … Read more
