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OIL INDUSTRY MERGERS
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 ...- Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...
- Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
- FIIs slash allocation in India's top 10 bluechip stocks by half. Is that a warning sign for your portfolio?Foreign institutional investors have significantly reduced their allocation to India's top blue-chip stocks, nearly halving their exposure ...
- Bharti Airtel claims No.2 spot: How it beat HDFC Bank to become India's second most valuable companyBharti Airtel has overtaken HDFC Bank to become India’s second most valuable listed company. Airtel shares rose over 2%, taking its market ...
- Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...
- Stocks in news: Vodafone Idea, Indian Oil, Tata Steel, Dr Reddy's, PFCMarkets closed lower amid geopolitical tensions, rupee weakness, and rising inflation. Upcoming week will be sensitive to US-Iran conflict ...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- US Government Spirit Airlines Rescue Plan — 5 key points travellers must know after Spirit Airlines shutdownSpirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, following a surge in jet fuel price...
- Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
- US stocks today: S&P 500, Nasdaq jump over 1% on renewed hopes of US-Iran talks, earnings boostUS stocks rallied, with the S&P 500 and Nasdaq closing higher as investors grew hopeful over potential Middle East de-escalation and Iran t...
- US stocks: United-American mega deal could raise fares and face antitrust roadblockA potential deal between United Airlines and American Airlines would create an industry behemoth and invite extraordinary scrutiny from reg...
- Goldman Sachs posts higher profit on strength in dealmaking, equities tradingGoldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities t...
- Oilfield service consolidation to increase under Donald Trump, report saysOilfield services expect increased mergers in 2025. Deregulation under the new administration will fuel this trend. Oil producers have alre...
- HPCL may acquire MRPL in cash, share-swap dealYesterday, ONGC Chairman and Managing Director Shashi Shanker said his company will also consider merging MRPL with HPCL at a later date.
- ONGC may look at selling stake in other PSUs to fund HPCL acquisition“There are many funding options available. We can look at market borrowings, we have some stocks we can sell,” Chairman and Managing Direct...
- Mega merger: A state oil conglomerate in the works to compete with global biggiesThe merger would give these companies capacity to bear higher risks, benefit economies of scale and take higher investment decisions.
- Budget 2017: FM proposes to merge oil PSUs into $100-billion behemothThe government plans to merge state oil companies to create an integrated oil major that could top $100 billion in market value and compete...
- Merger neutral for RIL's credit profile: Rating agenciesThe merger between the country's largest private sector firm, Reliance Industries, with its refining subsidiary will not have a significant...
- RIL-RPL merger makes perfect senseThe RPL-RIL merger would create truly global-scale operations, and more.
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