Latest News on Hindustan Petroleum Corp
Showing of 0 - 10 from 13 results
Hindustan Petroleum Corp - Total results - 13
Aug 21, 2018
Centre asks ONGC to list overseas investment arm OVL on bourses to help achieve govt disinvestment targetONGC had helped the government meet its disinvestment target last fiscal when it bought a 51.11 percent stake in state-owned Hindustan Petroleum Corp Ltd (HPCL) for Rs 36,915 crore
Aug 09, 2018
HPCL digs in heels, says acting as per statute in not recognising ONGC as promoterOil and Natural Gas Corp (ONGC) had in January this year bought the government's entire 51.11 percent stake in HPCL for Rs 36,915 crore. Post that, HPCL had become a subsidiary of ONGC.
Aug 06, 2018
High operating profit to help ONGC cut borrowings; free cash flow will improve financial flexibility: Moody'sONGC increased its borrowings by about Rs 25,000 crore in January 2018, when it acquired a 51.11 percent stake in Hindustan Petroleum Corp Ltd for Rs 36,915 crore.
Jan 23, 2018
Budget 2018: Oil ministry seeks cut in excise duty on petrol, diesel to cushion impact of rising crude pricesPrime Minister Narendra Modi, who faces elections in key states later this year, and a nationwide election in early 2019, has faced pressure over a rise in retail prices of petrol and diesel to a record level.
Dec 11, 2017
Gujarat election impact: After Rs 76.5 hike in LPG price, oil cos skip monthly revision in DecemberThe price of subsidised LPG was last raised by Rs 4.50 per cylinder on 1 November to Rs 495.69
Oct 31, 2017
Hindustan Petroleum to acquire Mangalore Refinery and Petrochemicals in share-swap dealAt present, ONGC owns 71.63 percent stake in MRPL while HPCL has 16.96 percent
Oct 02, 2017
Aviation turbine fuel price raised 6%, cooking gas by Rs 1.50 per cylinderA subsidised 14.2-kg LPG cylinder will now cost Rs 488.68 in Delhi as against Rs 487.18 previously, IOC said.
Jul 20, 2017
ONGC gets Cabinet nod to buy 51% in refiner HPCL, to create integrated oil giantIndia, the world's third-biggest oil consumer, imports about 80 percent of its crude needs and Prime Minister Narendra Modi has set a target to cut dependence on oil imports by 10 percent by 2020.
Jun 15, 2017
IOC, HPCL, BPCL in pact to set up world's largest refinery in Maharashtra, invest $40 bnIndian Oil Corp (IOC) will be the lead partner with 50 percent stake while Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) will take 25 percent stake each, IOC Chairman Sanjiv Singh said.
Jan 16, 2017
Petrol price up by 42 paise a litre, diesel Rs 1.03This is the fourth increase in petrol price in six weeks and the third in case of diesel in one month.