Aban Offshore

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Aban offshore faces Rs 13k crore debt

Swift expansion while the oil prices were surging has saddled India's largest oil drilling firm, Aban offshore, with a huge debt during the downturn. The Chennai-based firm has a Rs 13,000 crore......

175 stocks hit 3-month lows in December

The fall in metal and mining stocks comes on the back of weak Chinese trade data Reliance Industries, Oil and Natural Gas Corporation (ONGC), Bharti Airtel, Tata Steel, Sesa Sterlite, Cairn India......

US Gulf moratorium to hit Indian drilling firms

The six-month moratorium on deep-water drilling in the Gulf of Mexico is likely to delay the deployment of idle rigs by Aban Offshore and impact the day rates for support vessels that companies......

Aban's debt woes resurface as rig sinks

Aban Offshore, India's largest oil rig company, is likely to come under increased stress for repaying debt after the loss of its semi-submersible rig, Aban Pearl, which sank in the early hours of......

M&M replaces Hero Honda in Sensex

Utility vehicles manufacturer Mahindra & Mahindra will replace Hero Honda in the country's benchmark index Sensex from July 9. The Index Committee of the Exchange, in its meeting held on May 25,......

Aban Offshore

News for Aban Offshore

Aban offshore faces Rs 13k crore debt

175 stocks hit 3-month lows in December

US Gulf moratorium to hit Indian drilling firms

Aban's debt woes resurface as rig sinks

M&M replaces Hero Honda in Sensex

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