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MANGALORE REFINERY AND PETROCHEMCIALS
Cabinet may decide on HPCL stake sale to ONGC this monthMinistry of Finance is moving a note for consideration of the Cabinet for selling entire shareholding in HPCL to ONGC.- ONGC keen to buy HPCL, may cost about Rs 42,254 croreONGC is in favour of acquiring HPCL, which has a market cap of Rs 54,797 crore and buying government's entire 51.11 per cent stake would en...
- National oil companies in mid-east keen to hire storage in IndiaThe oil companies want to use the caverns on the west coast for commercial storage of oil which they can use to supply to refiners.
- Independent Directors’ posts at oil PSUs like ONGC, GAIL vacantAccording to data available from the oil ministry, state-owned gas utility GAIL India Ltd is the worst hit with all the eight positions of ...
- Slots of 'sacked' independent directors lie vacant at Oil PSUsOil and Natural Gas Corp (ONGC), India's most profitable company, has only one independent director as against required strength of nine.
- Oil PSUs to invest over Rs 74,800 cr in capex in FY'12State-owned oil firms like ONGC will invest over Rs 74,800 crore in capital expenditure in 2011-12 fiscal, most of it from internal resourc...
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