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LUBRICANT ACQUISITIONS
Tata Motors CV can cross 1 million vehicles after Iveco deal: N Chandrasekaran at AGMTata Motors Commercial Vehicles anticipates exceeding one million annual sales post-Iveco acquisition, projecting a global top-four ranking...
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
Shell completes acquisition of Raj Petro Specialities to strengthen its lubricant portfolioShell Lubricants has completed the acquisition of Raj Petro Specialities. This move will enhance Shell's lubricants business in India. The ...
Rapido-investor Shell deepens Indian lubricant market reach through Raj Petro acquisitionShell has fully acquired Raj Petro Specialities, a Mumbai-based company. This move aims to boost Shell's market presence and product range....
Saudi Aramco weighs bid for BP’s Castrol lubricant assets, with special interest in $2.5 bn India armSaudi Aramco is considering bidding for BP’s Castrol lubricant assets, which could be worth around $10 billion. This acquisition would alig...
Gulf Oil Lubricants scouting for more acquisitions in the EV charging infra spaceGulf Oil Lubricants is on a lookout for more acquisitions in India and globally within the charging EV ecosystem as it seeks to strengthen ...
Gulf Oil Lubricants to acquire controlling stake in Tirex Transmission for Rs 103 crThe acquisition is a part of the company's global ambition towards being a leader in the EV charging ecosystem, a market which is already v...
Gulf Petrochem's open offer to acquire up to 26% of Sah PetroleumsGulf Petrochem Group, a UAE-based leading player in oil space, today said it has made an open offer to acquire upto 26 per cent of Sah Petr...
Gulf Petrochem's open offer to acquire up to 26% of Sah PetroleumsGulf Petrochem Group, a UAE-based leading player in oil space, today said it has made an open offer to acquire upto 26 per cent of Sah Petr...
Experts tell Gulf Oil investors to vote against lubricant arm's demergerMarket experts and proxy advisory firms have advised shareholders of Gulf Oil Corporation (GOCL) to vote against demerger of its lubricants...
Hindujas hunt for companies in troubled Europe & US; to pursue power deals in IndiaThe group is eyeing projects in states where the chief ministers and governments are known to be investor friendly and the health of SEBs a...
Hinduja Group's Gulf Oil acquires Houghton International for over $1 billionShares of Gulf Oil rose sharply by over six per cent at the BSE and were trading at Rs 84.8 in late morning trade.
- Gulf Oil shows smart jump in profit from operations
Hinduja Group firm Gulf Oil Corporation today reported 73 per cent jump in profit from operations to Rs 15.78 crore for the second quarter ...
- Gulf Oil's $1 bn acquisition: Large size and high valuations a concern
The acquisition is expected to offer Gulf Oil a much larger geographical reach and access to new technology and new products.
Hinduja group's Gulf Oil acquires Houghton International for over $1 bnGulf Oil Corporation Ltd today said that it is fully acquiring US-based Houghton International Inc for $ 1.045 billion (about over Rs 5,685...
- Sweden's SKF buys Lincoln Industrial for one billion dollars
Sweden's SKF announced Tuesday the purchase of Lincoln Industrial, a US-based engineered lubrication systems maker, for one billion dollars.
- Tide Water sets sights on lubricant firms
The Rs 752-crore Tide Water Oil (India) is scouting for acquisitions in the lubricants space and has set aside Rs 200 crore for this.
- Gulf Oil buys Petromin for $200 million
Gulf Oil International, part of Hinduja Group and Dabbagh Group of Saudi Arabia, have bought Petromin, a joint venture between Saudi Aramco...
- Royal Dutch Shell to buy BPCL’s 49% stake in Bharat Shell
Shell will also takeover the state-run firm’s 49% of BSL’s debt amounting to Rs 31.2 crore as on March 31, 2006.