{"id":596013,"date":"2023-08-05T11:18:28","date_gmt":"2023-08-05T05:48:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=596013"},"modified":"2023-08-05T12:06:31","modified_gmt":"2023-08-05T06:36:31","slug":"finmin-approves-maharatna-status-for-oil-india-ongc-videsh-gets-navratna","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/finmin-approves-maharatna-status-for-oil-india-ongc-videsh-gets-navratna\/","title":{"rendered":"FinMin approves Maharatna status for Oil India, ONGC Videsh gets Navratna"},"content":{"rendered":"<p>The Finance Ministry has approved the upgradation of Oil India Ltd to the category of &#8216;Maharatna&#8217;, a move which will impart enhanced powers to the OIL board while taking financial decisions. <\/p>\n<p>Post the upgrade, the state-run oil major has become India&#8217;s 13th Maharatna Central Public Sector Enterprises (CPSE). <\/p>\n<p>&#8220;Finance Minister approved upgradation of Oil India Ltd (OIL) to Maharatna CPSE. OIL will be the 13th Maharatna amongst the CPSEs. OIL is a M\/o Petroleum &amp; Natural Gas CPSE with annual turnover of Rs 41,039 crore and net profit of Rs 9,854 crore for the Year 2022-23,&#8221; the Department of Public Enterprises said in a post on Twitter, now branded as X.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Ministry has approved the upgradation of Oil India Ltd to the category of &#8216;Maharatna&#8217;, a move which will impart enhanced powers to the OIL board while taking financial decisions. Post the upgrade, the state-run oil major has become India&#8217;s 13th Maharatna Central Public Sector Enterprises (CPSE). &#8220;Finance Minister approved upgradation of Oil India Ltd (OIL) to Maharatna CPSE. OIL will be the 13th Maharatna amongst the CPSEs. OIL is a M\/o Petroleum &amp; Natural Gas CPSE with annual turnover of Rs 41,039 crore and net profit of Rs 9,854 crore for the Year 2022-23,&#8221; the Department of Public [&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-596013","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\/596013","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=596013"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/596013\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=596013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=596013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=596013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}