{"id":341243,"date":"2020-03-11T10:44:44","date_gmt":"2020-03-11T05:14:44","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341243"},"modified":"2020-03-11T11:14:55","modified_gmt":"2020-03-11T05:44:55","slug":"top-business-headlines-ongc-m-cap-plunges-crude-oil-dives-and-more","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/top-business-headlines-ongc-m-cap-plunges-crude-oil-dives-and-more\/","title":{"rendered":"Top business headlines: ONGC m-cap plunges, crude oil dives, and more"},"content":{"rendered":"<p>From decline of ONGC&#8217;s market capitalisation, crude oil&#8217;s free-fall to Yes Bank rescue plan, here are the top news for the evening: <\/p>\n<p>ONGC&#8217;s m-cap slips below Rs 1 trn-mark after 15 years on oil price crash <\/p>\n<p>Shares of Oil and Natural Gas Corporation (ONGC) hit an over 15-year low of Rs 78.05, down 12 per cent, on the BSE on Monday as oil plunged over 20 per cent today after top exporter Saudi Arabia launched a price war in response to a failure by leading producers to strike a deal to support energy markets. ONGC has seen its steepest price correction with the stock price plunging 37 per cent in the last two months as against a 13 per cent fall in the S&amp;P BSE Sensex. A combination of exchange traded fund (ETF) sale overhang, lower gas prices, and lower Brent prices drove the decline. Read More&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From decline of ONGC&#8217;s market capitalisation, crude oil&#8217;s free-fall to Yes Bank rescue plan, here are the top news for the evening: ONGC&#8217;s m-cap slips below Rs 1 trn-mark after 15 years on oil price crash Shares of Oil and Natural Gas Corporation (ONGC) hit an over 15-year low of Rs 78.05, down 12 per cent, on the BSE on Monday as oil plunged over 20 per cent today after top exporter Saudi Arabia launched a price war in response to a failure by leading producers to strike a deal to support energy markets. ONGC has seen its steepest price [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-341243","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=341243"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341243\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}