ONGC Offers Stake in Deen Dayal Gas Field

26 Jun 2024 CW Team

ONGC, a major player in India's oil and gas sector, has decided to divest a portion of its stake in the Deen Dayal gas field, marking a strategic shift in its operations. This move is part of ONGC's broader strategy to optimize its portfolio and attract new investments.

The Deen Dayal gas field, located in the KG-D6 block in the Krishna Godavari basin, has been a key asset for ONGC, contributing significantly to the country's gas production. With this stake offering, ONGC aims to enhance operational efficiency and unlock additional value from its assets.

The decision to offer a stake in the Deen Dayal gas field comes at a time when the energy landscape is evolving rapidly, with a growing emphasis on cleaner fuels and sustainable practices. ONGC's move aligns with the industry's shift towards diversification and investment in renewable energy sources.

This development is expected to attract interest from domestic and international investors keen on participating in India's energy sector. It also reflects ONGC's commitment to leveraging opportunities for collaboration and growth in a dynamic market environment.

Key stakeholders, including government authorities and industry experts, are closely monitoring ONGC's stake offering in the Deen Dayal gas field, anticipating its impact on the energy sector's future trajectory. The outcome of this strategic move is poised to influence investment trends and operational strategies across the oil and gas industry.

Infrastructure Urban

09 Feb 2026

Eicher Delivers First 13.5 m Electric Intercity Sleeper Bus

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd., has recently delivered its first 13.5 m electric intercity sleeper bus, marking a key milestone in India’s long-distance electric mobility segment. The first bus is being operated by LeafyBus, with plans to deploy 35 buses by March 2026 across high-demand intercity corridors in North India.The initial deployment will cover routes such as Delhi–Dehradun and Delhi–Lucknow, supporting LeafyBus’ expansion across environmentally sensitive and high-density travel corridors.Commenting on the partnership, Suresh Chettia..

HCSS Showcases Unified Construction Platform at CONEXPO 2026

HCSS will recently present the next evolution of its connected construction management platform at CONEXPO-CON/AGG 2026, bringing together construction workflows, data and teams on a single platform across the entire project lifecycle. The event will be held from 3–7 March 2026 in Las Vegas, Nevada. HCSS will host two booths at the show, demonstrating how its integrated software ecosystem enables seamless collaboration between the office, field and shop, from bid stage through to project closeout. Steve McGough, President and CEO, HCSS, said, “For 40 years, we’ve done everything within..

Berger Paints Q3 Profit Declines Despite Volume Growth

Berger Paints India has reported a mixed performance for the quarter ended 31 December 2025, with healthy volume growth and margin improvement offset by softer demand conditions and cost pressures. On a consolidated basis, revenue from operations for the quarter stood at Rs 29,840 million, compared to Rs 29,751 million in the corresponding quarter last year, reflecting a marginal increase of 0.3 per cent. EBITDA (excluding other income) was Rs 4,710 million, slightly lower than Rs 4,717 million a year earlier. Net profit declined by 8.3 per cent to Rs 2,713 million from Rs 2,960 million. Sta..