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» ONGC not to get stake in Tidewater Jobs : Career, Employment, Hiring, Classified, Opportunities, Listings, InterviewONGC not to get stake in Tidewater
ONGC not to get stake in Tidewater KOLKATA: The government will not sell Andrew Yule’s 28% stake in Tide Water Oil to ONGC and will instead go ahead with a fresh due diligence of the lube manufacturing company. Sources in the heavy industries ministry said that the government was of the view that the valuation of Tide Water Oil’s stake as done by ONGC was too low for which it preferred not to sell it to major.
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Note : DO NOT submit your Resume / CV more than one time, otherwise it will be permanently deleted from our database.Note : If you want to forward your CV / Resume to the Related Companies mentioned below, please mention the company names on the top of the Biodata.Related CompaniesONGC to swap block stakes with PetrobrasONGC to swap block stakes with Petrobras BRAZIL'S Petrobras and ONGC have agreed to swap stakes in exploration blocks. To begin with, Petrobras has offered 25-30% stake in three blocks to ONGC in return for a share in three blocks at Mahanadi, Krish-na-Godavari (KG) and Cauvery basins. According to sources, Petrobras has offered 25-30% stake in Barrierin-has, Sergipe- Alagoas, and Santos basins. In return, ONGC has expressed its willingness to give between 15% and 40% stake in its three deep-water blocks. ONGC in a statement said it has reached an agreement with Petrobras 'on swapping of interests in offshore blocks'. It, however, did not ONGC Videsh LtdONGC Videsh Ltd Jobs Industry : Petrochemicals Oil Gas Refineries Find jobs at Indian ONGC Videsh Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of ONGC Videsh Ltd on our Job Site. Here you will find: (1) Job vacancies, available, openings, positions and listings at ONGC Videsh Ltd (2) Salary Structure, Job Placements, Interview Tips, Placements Papers of ONGC Videsh Ltd (3) Management and Company information, Job Turnover stats, Senior Managements of ONGC Videsh Ltd ONGC Videsh LtdIndian Hot Jobs is a premium portal for jobs in India. You are current at the page of ONGC Videsh Ltd on our Job Site. Here you will find: (1) Job vacancies, available, openings, positions and listings at ONGC Videsh Ltd (2) Salary Structure, Job Placements, Interview Tips, Placements Papers of ONGC Videsh Ltd (3) Management and Company information, Job Turnover stats, Senior Managements of ONGC Videsh Ltd So in case you are a fresher, a profession, a gradate or a post graduate, you can apply for jobs Oil and Natural Gas Corporation Ltd (ONGC)Jobs at Oil and Natural Gas Corporation Ltd (ONGC) Find jobs at Indian Oil and Natural Gas Corporation Ltd (ONGC). Hot Jobs is a premium portal for jobs in India. You are current at the page of Oil and Natural Gas Corporation Ltd (ONGC) on our Job Site. Here you will find: (1) Job vacancies, available, openings, positions and listings at Oil and Natural Gas Corporation Ltd (ONGC) (2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Oil and Natural Gas Corporation Ltd (ONGC) (3) Management and Company information, Job Turnover stats, Senior Managements of Oil and Natural Gas Corporation Ltd (ONGC) So Oil and Natural Gas Corporation Ltd (ONGC)Indian Hot Jobs is a premium portal for jobs in India. You are current at the page of Oil and Natural Gas Corporation Ltd (ONGC) on our Job Site. Here you will find: (1) Job vacancies, available, openings, positions and listings at Oil and Natural Gas Corporation Ltd (ONGC) (2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Oil and Natural Gas Corporation Ltd (ONGC) (3) Management and Company information, Job Turnover stats, Senior Managements of Oil and Natural Gas Corporation Ltd (ONGC) So in case you are Tata Tea can buy remaining & promoter stake in Mount EverestTata Tea can buy remaining & promoter stake in Mount Everest MUMBAI: Tata Tea, which is in the process of acquiring 46% in Mount Everest Mineral Water, can buy the remaining stake of existing promoters after six years if the company's net sales are less than Rs 200 crore. According to an agreement signed between the company and the promoters of Mount Everest, Tata Tea has the option to purchase 31.10 lakh shares of the mineral water company, representing 9.14% stake in the enhanced equity, after six years for a maximum of Rs 250 per share. BG-ONGC tie-up for KG basin may get nodBG-ONGC tie-up for KG basin may get nod BRITISH Gas' strategic tie-up with ONGC for the Krishna-Godavari deepwater blocks may get a new lease of life. British Gas had won the blocks through a bidding process, but the oil ministry had rejected the award on grounds of 'valuation and other inconsistencies'. The ministry is now examining the option of giving British Gas a chance to match the highest offer for the KG deepwater blocks when they are again put up for bidding under Nelp-VH. The case has been of special interest following diplomatic pressure at the highest level and a recent letter ONGC scouts for global partners to take on Reliance in Nelp VIIONGC scouts for global partners to take on Reliance in Nelp VII INDIA'S largest public sector enterprise Oil and Natural Gas Corporation (ONGC) is in talks with global energy giants such as British Petroleum, BG Group, Brazil's federal energy company Petroleo Brasileiro (Petrobras) and ENI of Italy to jointly bid for blocks proposed to be offered under the New Exploration and Licensing Policy (Nelp). The government plans to offer 70 blocks covering around three lakh square kilometers in the seventh round of Nelp in August. The ONGC consortium will go head-to-head with Reliance Industries (RIL), which has been an aggressive and successful Apax looks to take control of Patni for $800 millionApax looks to take control of Patni for $800 million UK Investor in Fray with Other PEs, IT Firms UK-BASED private equity major Apax Partners is learnt to be interested in picking a controlling stake in Patni Computers Systems for over $800 million. Sources dose to the development said two mid-tier Indian IT companies and some private equity (PE) funds are also in the fray. These moves come as Gajendra and Ashok Patni, who are co-founders and together own 28% stake in the Mumbai-based company, are looking to exit. PE firm General Atlantic too is looking to sell 16%. When contacted by ET, Apax Tata Tea makes open offer for Mount EverestTata Tea makes open offer for Mount Everest MUMBAl: Tata Tea on Monday made an open offer to purchase an additional 20% stake in Mount Everest Mineral Water (MEMW) for Rs 95.19 crore. The Tata group firm will acquire up to 67.99 lakh equity shares at a price of Rs 140 each, to be funded through internal accruals, the company said in a public announcement. DSP Merrill Lynch is the manager to the public offer. On June 1, Tata Tea agreed to buy 25.74 per cent stake in Mount Everest for around Rs 115 crore through subscription of preferential shares ICICI to sell 5% in Arcil to First Rand of S AfricaICICI to sell 5% in Arcil to First Rand of S Africa ICICI Bank will sell 5% of its equity stake in Asset Reconstruction Company of India (Aral) to an African bank. First Rand Bank, for little less than Rs 40 crore. Aral deals in bad loans, and the development reflects a growing interest among foreign players in the local stress asset business. Last year, ICICI Bank had decided to sell 10% of its stake to British bank Barclays Bank. However, this was rejected by the Reserve Bank of India (RBI) on the grounds that the bank would overstep its capital market Takeover or A Marriage: Idea & Spice yet to decideTakeover or A Marriage: Idea & Spice yet to decide Birlas Want To Acquire Spice, Modis Think Merger Is A Better Idea MERGER or acquisition? This is the billion-dollar question around which hinges the deal between Idea Cellular and Spice Telecom. The two companies, along with Telekom Malaysia (TM) that holds 49% stake in Spice, are yet to work out an amicable arrangement. While Idea, in which the Birlas own 57% stake, wants to fully acquire Spice, the Modis-promoted company is keen for a merger, sources told ET. "From a market perspective, a marriage of the two is a perfect fit. But who's Lehman, Spinnaker pick up stake in SpiceLehman, Spinnaker pick up stake in Spice Deal Part of Spice's Pre-IPO Placement A CLUTCH of investors led by Lehman Brothers and Spinnaker Investments are learnt to have picked up a small stake in Spice Telecom for about $30 million, as part of the pre-IPO placements by the cellular service provider. It is estimated that these investors will pick up a fifth of the nearly 138 million shares that will issued in the IPO at about Rs 45 per share. However, the exact figure will be known only after Spice Telecom sets its price band during its broad meeting, which is slated Nine giants in race for 26% in RCOM’s tower bizNine giants in race for 26% in RCOM's tower biz Tower Vision, American Towers, Apax Partners, Carlyle, Temasek, George Soros, Blueridge & Tiger in Race AS MANY as nine investors are currently in talks with Reliance Communications (RCOM), the country's second-largest wireless service provider, for picking up a minority stake in its telecom infrastructure business. RCOM is currently in the process of spinning off its telecom infrastructure into a separate company — Reliance Telecom Infrastructure Limited (RTTL). According to RCOM sources, the companies that are currently engaged in carrying out due diligence of RTIL HCL to jostle with PE duo for CambridgeHCL to jostle with PE duo for Cambridge Promoters Seeking Exit Price Of Rs 160 Per Share THE final line-up of suitors for the $420-million acquisition of Cambridge Solutions— among the biggest In the Indian tech space— has HCL Technologies pitched against buyout private equity giants Carlyle and Permira. ET had first reported the names of Carlyle and HCL. But the entry of Primera, the largest European buyout fund, appears to be recent, say sources. If it retains interest, this could be Permira's first India play. 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