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Gujarat High Court asks ONGC to pay royalty dues worth Rs 5,000-6,000 crore to Gujrat government

Gujarat High Court asks ONGC to pay royalty dues worth Rs 5,000-6,000 crore to Gujrat governmentGujarat High Court asks ONGC to pay royalty dues worth Rs 5,000-6,000 crore to Gujrat governmentGujarat High Court has directed Oil and Natural Gas Corporation (ONGC) to pay dues worth Rs 5,000 crore to Rs 6,000 crore to the state government towards differences in royalty of crude the PSU has extracted since...
Source : DNA |
Category : Others | City : Mumbai

11 firms to join huge Brazil oil auction

Eleven oil firms, including India's ONGC Videsh, paid more than USD 900,000 each to enter an auction next month for rights to explore Brazil's huge deepwater Libra field, authorities...
Source : IBNLive |
Category : International

HC asks ONGC to pay royalty dues worth Rs 5,000-6,000 crore to Gujarat govt

Gujarat High Court has directed Oil and Natural Gas Corporation (ONGC) to pay dues worth Rs 5,000 crore to Rs 6,000 crore to the state government towards differences in royalty of crude the PSU has extracted since 2008.A division bench headed by Chief Justice Bhaskar Bhattacharya and Justice JB Pardiwala on Saturday directed ONGC to pay differences in royalty of crude within two months and also pay...
Source : Business Today |
Category : Business | City : Ahmedabad

Court asks ONGC to pay royalty dues worth up to Rs 6,000 crore

Gujarat High Court has directed Oil and Natural Gas Corporation (ONGC) to pay dues worth Rs 5,000-Rs 6,000 crore to the state government towards differences in royalty of crude the PSU has extracted since 2008.A division bench headed by Chief Justice Bhaskar Bhattacharya and Justice J B Pardiwala directed ONGC on Saturday to pay differences in royalty of crude within two months and also pay royalty,...
Source : Ndtv |
Category : Others | City : Ahmedabad

Pharmacists seek better pay

(OPSA) has demanded revision in the pay-scale of pharmacists to bring them on a par with their counterparts in other states.Pharmacists in the state join duty with a monthly remuneration of Rs 13,780 while those in most other states, including Punjab, Tamil Nadu, Jharkhand, are paid around Rs 25,500 a month.Pharmacists in Odisha get grade pay of Rs 2,400 in the pay-scale of Rs 5,200 to Rs 20,400 (pay...
Source : Times Of India |
Category : City | City : Ranchi

ONGC to appeal in Supreme Court against Gujarat Hight Court order

Oil and Natural Gas Corp (ONGC) today said it would appeal in the Supreme Court against a Gujarat High Court order asking it to pay Rs 10,000 crore in past royalty dues, saying it cannot pay the levy on revenue it hasn't earned.The Gujarat High Court had on November 30 directed ONGC to pay royalty to the state government on the gross bill price of crude oil.The company, as per Government of India ...
Source : Ndtv |
Category : Others | City : New Delhi

Aleem Dar calls on PCB to learn from India to improve umpires pay scales

Pakistan's top international umpire Aleem Dar has called on the country's cricket board to take a lesson from India and improve the pay scales for cricketing officials...
Source : Newkerala |
Category : International

Haryana Assembly passes Abolition of Distinction of Pay Scale pay Scale bill

The Haryana (Abolition of Distinction of Pay Scale Between Technical and Non Technical Posts) Bill, 2014 to abolish the distinction in the pay scales prescribed for technical and non technical posts. The Bill was passed during the last day of the Budget Session of Haryana Vidhan Sabha here today. It would be applicable to all the services under the state. On account of not having defined...
Source : Webindia123 |
Category : Headlines

ONGC to appeal against Gujarat High Court order

(ONGC) on Tuesday said it would appeal against the Gujarat High Court order asking it to pay up to Rs 10,000 crore in past royalty dues, saying it cannot pay the levy on a price it hasn't realised."We have seen the judgement but certainly we will go for appeal against the judgement (in the Supreme Court)," ONGC Chairman and Managing Director Sudhir Vasudeva said on sidelines of the 8th Asia Gas Pa...
Source : Business Today |
Category : Business | City : New Delhi

Rupee relief for ONGC

Oil & Natural Gas Corporation Ltd (ONGC) today reported a 3 per cent rise in net profit at Rs 6,063.86 crore over Rs 5,896.57 crore a year ago even after paying a huge subsidy to cover the losses incurred by state-owned refiners.ONGC paid Rs 13,796 crore to subsidise diesel, LPG and kerosene in the second quarter against a payout of Rs 12,330 crore in the same period last fiscal.“Both oil and gas ...
Source : Telegraphindia |
Category : Business | City : Mon