IRB Infrastructure Developers has registered its draft red herring prospectus (DRHP) with the market controller SEBI yesterday for its initial public offering (IPO) of 5,10,57,666 shares of Rs 10 e
Mumbai: Indian state-run explorer Oil and Natural Gas (ONGC) will expend Rs 5713 crore on the second development phase of a key field off India’s west coast.
In a declaration, the company said that the renovation would aid ONGC’s Mumbai High South field to fabricate 22 million tonnes of incremental oil.
“At current crude prices, the additional produce is valued at 530 billion rupees,” the company said.