The union government on September 25 said energy major ONGC will fund and encourage startups to carry out research and innovation for the development of advanced electric household stoves which can be powered using solar power. According to Union Petroleum and Natural Gas Minister Dharmendra Prad…
Tag: ONGC
ONGC facilitates start-ups under government’s flagship programme
ONGC launched the ONGC Start-Up Fund on 14th August 2016. ONGC, SINE and IIT Bombay entered into a MoU to work together for incubating innovative ideas and business start-ups in the energy sector at the Society for Innovation and Entrepreneurship (SINE) of IIT Bombay. The Pitching Session to sele…
Khadi for Fashion: KVIC & Aditya Birla Fashion join hands to promote hand-woven fabric
Adding a new strength to Khadi India’s fashion power-house, Aditya Birla Fashion and Retail Ltd. and Khadi and Village Industries Commission, Ministry of MSME, Government of India have announced a strategic collaboration to strengthen the synergies between the two iconic Indian brands. This initi…
Oil & Gas field auctions: ONGC, OIL retreat paves way for start-ups, new players
Paving the way for start-up firms and new players with little experience in operating hydrocarbon blocks, the country’s two public sector explorers — ONGC and Oil India — have decided to stay away from the ongoing auctions of the 67 discovered marginal oil and gas fields. The auction would close…
Oil India announces Rs 50 cr start-up fund
State-run Oil India Ltd has announced a Rs 50 crore OIL start-up fund to foster, nurture and incubate new ideas related to oil and gas sector. The proposal for setting up the OIL Start-up fund was approved in the company board on September 30 and is in line with Centre government’s flagship…
ONGC launches Rs 100 crore start-up fund to ignite new ideas
ONGC has launched a Rs 100 crore start-up fund on its Diamond Jubilee year to foster, nurture and incubate new ideas related to oil and gas sector. The initiative, christened as ‘ONGC Start-up’, is in line with the government’s initiative ‘Start-up India’. As part of…