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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.Business
HPCL to acquire MRPL in share-swap deal

At present, ONGC owns 71.63 per cent stake in MRPL while HPCL has 16.96 per cent.

31 Oct 2017 1:46 PM IST

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.Business
HPCL may acquire MRPL in cash, share-swap deal

India's biggest oil and gas producer, last week announced acquisition of HPCL for Rs 36,915 crore.

22 Jan 2018 2:18 PM IST

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