Corporate

Jindal Drilling bags Rs 635 cr ONGC order

Jindal Drilling & Industries today said it has bagged an order worth Rs 635 crore from Oil and Natural Gas Corporation (ONGC) for hiring a drilling unit for five years. - JDIL"s PAT jumps up over two-fold - Jindal Drilling promoters pledge 26.86% stake The company has bagged an order "for charter hire of drilling unit "Noble Ed-holt" from ONGC" for a period of five years, Jindal Drilling & Industries said in a filing to the Bombay stock Exchange (BSE). The rig is expected to get deployed in December 2009, the filing added. Shares of Jindal Drilling & Industries closed at Rs 521.95 on BSE, down 2.32 per cent from previous close.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

Categories
Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business
News of the day
International M&A deals to fall 56% in '09: OECD
Global mergers and acquisitions (M&A) are projected to fall 56 per cent in 2009 compared to last year, mainly on account of sharp declines in such activities in rich and emerging markets including India.
Popular Articles
payday loans online

Lanco Infratech ends flat
The scrip gave up mostly all its gains and finally settled flat at Rs 422, up 0.5% from the previous close. The counter clocked volumes of 1.19 million shares as compared to 910,991 shares traded on the BSE.
Polygraphy
Exports to cross 100,000 units in FY10: Maruti
The country’s largest carmaker, Maruti Suzuki India (MSI), today said its exports are expected to achieve the 100,000 units mark in the current financial year (2009-10).

© Copyright 2009