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Oil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company headquartered in Dehradun, India. It is one of the largest oil and gas exploration and production companies in India, and is also one of the largest publicly traded companies in India.

History:

ONGC was founded on August 14, 1956, as a state-owned enterprise, with the goal of exploring and producing oil and natural gas in India. The company started its operations with a modest beginning, with a few hundred employees and a limited budget. Over the years, ONGC has grown rapidly, and today it is one of the largest and most successful oil and gas companies in India.

Business Operations:

ONGC's business operations are focused on exploration, development, and production of oil and natural gas. The company has a strong presence in India, with operations in over 30 countries around the world. ONGC's main business activities include:

1. Exploration: ONGC explores for oil and gas in India and abroad, using advanced technologies and techniques.
2. Production: ONGC produces oil and gas from its fields in India and abroad.
3. Refining: ONGC has a refining capacity of over 30 million metric tons per annum, and produces a range of petroleum products.
4. Marketing: ONGC markets its petroleum products through a network of retail outlets and distributors.

Subsidiaries:

ONGC has several subsidiaries, including:

1. ONGC Videsh Limited (OVL): OVL is ONGC's international arm, and is responsible for the company's overseas operations.
2. Mangalore Refinery and Petrochemicals Limited (MRPL): MRPL is a refining and petrochemicals company, and is a subsidiary of ONGC.
3. Hindustan Oil Exploration Company Limited (HOEC): HOEC is an exploration and production company, and is a subsidiary of ONGC.

Awards and Recognition:

ONGC has received several awards and recognition for its performance and achievements, including:

1. "Best PSU" award by the Dalal Street Investment Journal
2. "Most Valuable PSU" award by the Business Today
3. "Best Employer" award by the Business Today
4. "Golden Peacock Award" for corporate social responsibility

Corporate Social Responsibility:

ONGC is committed to corporate social responsibility, and has several initiatives in place to support the communities in which it operates. Some of ONGC's CSR initiatives include:

1. Education: ONGC supports education through scholarships and infrastructure development.
2. Healthcare: ONGC provides healthcare services and support to communities.
3. Environment: ONGC has several initiatives in place to protect the environment and promote sustainability.
4. Community Development: ONGC supports community development through infrastructure development and skill training.

Conclusion:

ONGC is a leading oil and gas company in India, with a strong presence in India and abroad. The company has a rich history, and has grown rapidly over the years. ONGC's business operations are focused on exploration, production, refining, and marketing of oil and gas. The company has several subsidiaries, and has received several awards and recognition for its performance and achievements. ONGC is also committed to corporate social responsibility, and has several initiatives in place to support the communities in which it operates.