Subhash Kumar, the finance chief at ONGC, has taken additional charge of the Chairman and managing director at the company, according to ET Bureau report. Kumar replaces Shashi Shanker who retired from the role. Kumar, a cost accountant by training, has taken up various roles in the oil and gas industry in the last 36…
Oil and Natural Gas Corp (ONGC) said it has acquired a 5 per cent stake in Indian Gas Exchange (IGX). “ONGC signed a Share Purchase and Shareholders Agreement (SPSHA) with the Indian Gas Exchange (IGX) and the Indian Energy Exchange (IEX) in the presence of Oil Secretary Tarun Kapoor and ONGC head Shashi Shanker,” the…