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Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

Govt tweaks HPCL sale terms to avoid 'open offer'

ONGC will have to borrow about Rs 25,000 crore to fund just the purchase of government stake.

9 Aug 2017 12:39 PM IST

Shrikant Sarmalkar

Shiv Sena MLA, 33 Sainiks detained for protesting against HPCL in...

The Sainiks were protesting against a decision of the company's union.

14 July 2017 3:29 AM IST

Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

Petrol, diesel prices to be revised daily from today

Daily price change will remove the big leaps in rates that need to be effected at the end of the fortnight.

1 May 2017 11:35 AM IST

Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley briefs a press conference after a Cabinet meeting in New Delhi. (Photo: AP)

Jaitley to head panel on HPCL stake sale to ONGC

This will give ONGC an enhanced capacity to bear higher risks, take higher investment decisions.

24 July 2017 3:13 PM IST

Oil Minister Dharmendra Pradhan

CCEA approves govt stake sale of HPCL to ONGC: Pradhan

This will give ONGC an enhanced capacity to bear higher risks, take higher investment.

24 July 2017 12:48 PM IST

Prior to the merger, HPCL is likely to take over Mangalore Refinery and Petrochemicals (MRPL) to bring all the refining assets of ONGC under one unit.

ONGC to not make open offer to smaller shareholders post HPCL merger

ONGC will not need to make open offer as government's holding is being transferred to another state-run firm.

23 July 2017 1:41 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC up 2 pc on Cabinet nod to govt's stake sale in HPCL

Cabinet approved sale of the government's stake in oil refiner HPCL to India's largest oil producer ONGC.

20 July 2017 6:47 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex surges to hit 32,000 mark, ONGC top gainer

Other Asian markets ruled high following fresh record closing in US market on strong earnings and higher oil prices.

20 July 2017 10:26 AM IST

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

Cabinet allows ONGC to buy out govt stake in refiner HPCL

HPCL will become a subsidiary of ONGC and will remain a listed company post the acquisition.

19 July 2017 7:54 PM IST

India imported 8.7 million tonnes of LPG in 2015-16 and 4.66 million tonnes in first half of current fiscal.

Govt orders LPG prices to be hiked by Rs 4 per month

There are as many as 18.11 crore customers of subsidised LPG in the country.

31 July 2017 4:15 PM IST

Prior to the merger, HPCL is likely to take over Mangalore Refinery and Petrochemicals (MRPL) to bring all the refining assets of ONGC under one unit.

HPCL stake sale: Govt seeks bids for bankers, legal firms

Government is keen to complete the transaction within the current fiscal.

30 July 2017 12:49 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

Petroleum Ministry to talk on ONGC-HPCL merger

HPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC's portfolio.

15 March 2017 2:41 PM IST