Still No Clarity on Subsidy Sharing From Investors' Point of View: ONGC Chairman

  • 7:55
  • Published On: May 29, 2015
Cinema View
Embed
D K Sarraf, CMD of ONGC, speaks to NDTV about the company's fourth quarter earnings. Net profit was down 19.5 per cent in the fourth quarter of FY15 despite no subsidy payout in the quarter. There were many factors including a write off, he says. Mr Sarraf expects production to be much higher in FY16. He also says that while the government has exempted ONGC from sharing subsidy in the first quarter of FY16, there is still no clarity for the other quarters.

Related Videos

Windfall Tax On Domestic Crude Oil Slashed By 65%
December 16, 2022 3:57
4 Die As ONGC Helicopter Makes Emergency Landing In Arabian Sea
June 28, 2022 2:26
The Biggest Stories Of May 20, 2021
May 20, 2021 20:47
38 Missing, 186 Rescued Four Days After Cyclone Sank Barge Off Mumbai
May 20, 2021 3:33
The Biggest Stories Of May 19, 2021
May 19, 2021 22:46
Top News Of The Day: Over 50 Still Missing From ONGC Rig In Arabian Sea
May 19, 2021 15:40
Over 50 Still Missing From ONGC Rig In Arabian Sea
May 19, 2021 2:52
22 Dead, 51 Missing After Barge Sinks Off Mumbai, Navy Rescue Ops On
May 19, 2021 1:44
Massive Fire At ONGC's Surat Plant After 3 Blasts, No Casualties Reported
September 24, 2020 1:32
4 Killed In Fire At ONGC Plant Near Mumbai; CNG Supply To City Hit
September 03, 2019 2:19
Fire On Ship Under Repair At Cochin Shipyard Kills 5, Injures 11
February 13, 2018 1:38
5 Dead After Chopper With ONGC Officials Crashes Off Mumbai Coast
January 13, 2018 1:53
  • The Biggest Stories Of November 8, 2024
    November 09, 2024 21:40

    The Biggest Stories Of November 8, 2024

  • US Charges Iranian Man In Plot To Assassinate Donald Trump
    November 08, 2024 3:10

    US Charges Iranian Man In Plot To Assassinate Donald Trump

  • Bihar: Chhath Puja Boat Capsizes In Chhapra, 2 Dead
    November 08, 2024 0:27

    Bihar: Chhath Puja Boat Capsizes In Chhapra, 2 Dead

  • "Unemployed": Chief Justice DY Chandrachud's Parting Dig At Trolls
    November 08, 2024 0:48

    "Unemployed": Chief Justice DY Chandrachud's Parting Dig At Trolls

  • How Might Trump 2.0 Impact The Global Order? Eurasia Group's Clayton Allen Tells NDTV
    November 08, 2024 7:35

    How Might Trump 2.0 Impact The Global Order? Eurasia Group's Clayton Allen Tells NDTV

  • Trump's New World Order: What Will It Look Like?
    November 08, 2024 54:06

    Trump's New World Order: What Will It Look Like?

  • "Stop Promoting Pakistan's Agenda In The Country": PM Modi's Stern Warning To Congress
    November 08, 2024 0:56

    "Stop Promoting Pakistan's Agenda In The Country": PM Modi's Stern Warning To Congress

  • PM Modi’s Veiled Attack On Arvind Sawant
    November 08, 2024 0:58

    PM Modi’s Veiled Attack On Arvind Sawant

  • Putin Is ‘Thankful’ For PM Modi’s Ideas To Settle Ukraine Conflict
    November 08, 2024 0:39

    Putin Is ‘Thankful’ For PM Modi’s Ideas To Settle Ukraine Conflict

  • Who Is Justice DY Chandrachud? The Outgoing Chief Justice Of India
    November 08, 2024 8:00

    Who Is Justice DY Chandrachud? The Outgoing Chief Justice Of India

  • “Celebrating 75 Years Of Relations With India”, Austrian Envoy Highlights PM Modi’s Visit
    November 08, 2024 0:54

    “Celebrating 75 Years Of Relations With India”, Austrian Envoy Highlights PM Modi’s Visit

  • 'India In A Good Spot Given The Ties Between PM Modi, Trump': India Ex Envoy
    November 08, 2024 7:54

    'India In A Good Spot Given The Ties Between PM Modi, Trump': India Ex Envoy

  • 'Donald Trump Is A Force Of Nature': Trump Ex Aide
    November 08, 2024 9:34

    'Donald Trump Is A Force Of Nature': Trump Ex Aide

  • 'Trump Will Use His Strength For Peace': Ex White House Official
    November 08, 2024 12:02

    'Trump Will Use His Strength For Peace': Ex White House Official

  • "Unemployed": Chief Justice DY Chandrachud's Parting Dig At Trolls
    November 08, 2024 0:48

    "Unemployed": Chief Justice DY Chandrachud's Parting Dig At Trolls

  • "India-US Relationship Here To Stay": US-India Business Council's Vijay Advani To NDTV
    November 08, 2024 9:24

    "India-US Relationship Here To Stay": US-India Business Council's Vijay Advani To NDTV

  • Salman Khan Gets Threat Again Over Song Naming Lawrence Bishnoi
    November 08, 2024 2:58

    Salman Khan Gets Threat Again Over Song Naming Lawrence Bishnoi

  • Relief For Aligarh Muslim University: Should It Get Minority Status?
    November 08, 2024 13:45

    Relief For Aligarh Muslim University: Should It Get Minority Status?

  • NDTV Exclusive: APCO Worldwide CEO Brad Staples Explains The Future Of India-US Ties
    November 08, 2024 15:13

    NDTV Exclusive: APCO Worldwide CEO Brad Staples Explains The Future Of India-US Ties

  • BJP Rolls Out Big Guns In Maharashtra: Rahul Gandhi Vs PM Modi On Caste Politics
    November 08, 2024 18:38

    BJP Rolls Out Big Guns In Maharashtra: Rahul Gandhi Vs PM Modi On Caste Politics

  • Why Pinarayi Vijayan Is Raising The Jamaat Issue Against Priyanka Gandhi?
    November 08, 2024 10:57

    Why Pinarayi Vijayan Is Raising The Jamaat Issue Against Priyanka Gandhi?