HPCL

BPCL privatisation: Past challenges push govt to get fresh legal opinion

BPCL privatisation: Past challenges push govt to get fresh legal opinion

New Delhi: It may still be a long road ahead for privatisation of public sector oil refiner Bharat Petroleum Corporation Ltd (BPCL).The p...Read More

Why FinMin is opposing BPCL divestment to IOC

Why FinMin is opposing BPCL divestment to IOC

The idea of strategic sale of government's stake particularly in BPCL is to offer a stake to a private entity and bring competition in th...Read More

HPCL net drops 53% on inventory loss

HPCL net drops 53% on inventory loss

Net profit slipped to Rs 811 crore in April-June as compared to Rs 1,719 crore a year back, the company's Chairman and Managing Director ...Read More

Indore: Good leader chooses right as well as the wise way says IIM-I dir

Indore: Good leader chooses right as well as the wise way says IIM-I dir

Indore: At the valedictory function of third batch of general management programme for executives (GMPE), Indian Institute of Management ...Read More

HPCL refuses to recognise ONGC as its promoter

HPCL refuses to recognise ONGC as its promoter

New Delhi: Oil Minister Dharmendra Pradhan’s assertion notwithstanding, oil refiner Hindustan Petroleum Corp (HPCL) continues not to reco...Read More

SCI CMD Anoop Kumar Sharma: SCI has remained afloat amidst big crisis in shipping business

SCI CMD Anoop Kumar Sharma: SCI has remained afloat amidst big crisis in shipping business

This is a very large gas carrier, this is a multipurpose support vessel…, says Anoop Kumar Sharma, CMD of the Shipping Corporation of Ind...Read More

ONGC bought GSPC stake for half the  asking price: Ex-chief D K Sarraf

ONGC bought GSPC stake for half the asking price: Ex-chief D K Sarraf

New Delhi: State-owned ONGC bought Gujarat State Petroleum Corp’s (GSPC) stake in a KG basin gas block for $1.2 billion (about Rs 8,000 c...Read More

Reliance vs PSUs: Battle for ATF pipelines in Mumbai heats up

Reliance vs PSUs: Battle for ATF pipelines in Mumbai heats up

Mumbai: The battle over lucrative pipelines supplying jet fuel to Mumbai airport is hotting up with a powerful formation of Reliance Indu...Read More

HPCL Q4 profit slips 4% on lower refining margin

HPCL Q4 profit slips 4% on lower refining margin

New Delhi : State-owned Hindustan Petroleum Corporation (HPCL) on Wednesday reported a 4 per cent drop in its March quarter net profit on...Read More

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Rise in oil prices lift ONGC profit by 15%

New Delhi : State-owned Oil and Natural Gas Corp (ONGC) on Friday reported a 15 per cent rise in the December quarter net profit as highe...Read More

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HPCL acquisition: ONGC to hire independent consultant soon

Mumbai : State-run ONGC is planning of hiring an independent consultant to evaluate HPCL’s acquisition cost, revealed ONGC, chairman and ...Read More

HPCL corruption case: Special CBI court acquits two

HPCL corruption case: Special CBI court acquits two

Mumbai: A special CBI court here has acquitted two persons in a corruption case, citing lack of evidence and the prosecution’s failure to...Read More

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ONGC to sell IOC stake to LIC in block deal

The acquisition of 51.11pc government stake in HPCL by ONGC, will be funded through a combination of market borrowing and selling some st...Read More

ONGC to acquire HPCL in bulk share deal by Dec

ONGC to acquire HPCL in bulk share deal by Dec

New Delhi : State-owned Oil and Natural Gas Corporation (ONGC) will acquire the government’s 51.11 per cent stake in HPCL through a bulk ...Read More

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ONGC to borrow Rs 25K cr to fund HPCL stake buy

New Delhi : Cash rich Oil and Natural Gas Corp (ONGC) will raise its first debt ever, of Rs 25,000 crore, to part fund the Rs 37,000 cror...Read More

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FM to head panel on HPCL stake sale to ONGC

New Delhi : Finance Minister Arun Jaitley will head a 3-member ministerial panel to oversee and expedite the sale of government stake in ...Read More

CCEA approves government stake sale of HPCL to ONGC: Pradhan in Lok Sabha

CCEA approves government stake sale of HPCL to ONGC: Pradhan in Lok Sabha

New Delhi, The Cabinet Committee on Economic Affairs (CCEA) has given in-principle approval for the sale of the government’s 51.11 per ce...Read More

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HPCL to become subsidiary of ONGC

New Delhi : The Cabinet on Wednesday approved sale of government’s stake in Hindustan Petroleum Corp Ltd (HPCL) to India’s largest oil pr...Read More

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Cabinet may decide on HPCL stake sale to ONGC this month

New Delhi : The Cabinet is likely to consider this month sale of government’s 51 per cent stake in Hindustan Petroleum Corp Ltd (HPCL) to...Read More

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