ONGC gets 3rd interim chief in 17 months

Rajesh Kumar Srivastava will be the new chairman at ONGC NSE -2.56 %, the third interim chief the government has appointed in 17 months at the country’s largest oil and gas producer as a full-time head is yet to be finalised. The government also appointed M V Iyer as the interim chairman at GAIL following the retirement of the incumbent.