The hit in bottomline is due to the additional ₹2,444 crore royalty outgo to the Gujarat and Assam state governments. A poll of analysts conducted by CNBC-TV18 had pegged this at Rs 1,050 crore.
ONGC has also approved the acquisition of entire 80 per cent stake participating interest of Gujarat State Petroleum Corp (GSPC) along with operatorship in the Deen Dayal West field, where geological challenges have delayed commercial production for many years, for a consideration of Rs 6,454 crore, the company said. While PAT for 2016-17 stood at Rs6,209 crore compared with Rs3,726 crore a year ago on a standalone basis, the fourth quarter profit was Rs1,819 crore against Rs1,388 crore a year ago.
NFL cuts OT from 15 minutes to 10, citing player safety
If overtime had ended after 10 minutes, there would have been 16 total ties, for an average of 3.2 times over a 512-game season. Tampa originally finished as runner-up in the bidding for 2020 - one reason why owners backed the move unanimously.
Loosen Up: NFL to allow some flair in celebrations
They also still aren't cool with players pulling sharpies out of their socks and autographing the ball for a fan. The player must be on IR for at least six weeks and they can return to games after sitting out eight weeks.
Capitals square series 3-3 against Penguins
The Capitals will need Holtby to continue this trend if they hope to advance past the Penguins. Penguins goalie Marc-Andre Fleury allowed five goals against the Capitals Monday night.
Also, the company provisioned Rs 1,944 crore towards ensuing pay revision for employees. This will result in a total payout of Rs 3,668 crore including dividend distribution tax, he said. Net realisation on crude oil produced from nominated fields was up 6.6 per cent at $50.27 per barrel and that from joint venture fields by 4 per cent at $44.09 a barrel.
ONGC's revenue from operations for the fourth quarter of financial year 2017 stood at ₹26,233.56 crore. During the fourth quarter of 2017, it had an inventory gain of Rs 743 crore against Rs 37 crore during the same period previous year.
May 27 2017 Father of Manchester bomber insists his son is innocent
Members of the public gather to attend a candlelit vigil to honor the victims of Monday evening's terror attack in Manchester . Rudd says Britain's increased official threat level will remain at "critical" as the investigation proceeds.
May 26 2017 Trump budget keeps pledges: Cuts for poor, more for military
The report could give talking points to House Republicans for their bill, or to Democrats who voted unanimously against it. Jordan Weissmann, Slate's senior business and economics correspondent, argued that Trump's budget is "frightening".
May 23 2017 Dixon takes 3rd Indy pole with fastest speeds in 21 years
He will hope to capture his second Indy 500 victory after winning the race in 2008 when he also had pole position. I don't know whether it's because I'm getting older and emotion is becoming stronger, but it's definitely tough.
May 22 2017 Wisconsin unemployment lowest since February 2000
In a year-over comparison from 2016, growth was seen in federal government and "other services" as high as 20 percent. This post was updated to clarify that the new unemployment data is preliminary and add quotes from Matthew Barewicz.