Hindustan Petroleum Corporation

Air India says fuel payment issues with oil PSUs will be resolved soon; assures customers of 'smooth' operations

Late August, IOCL, BPCL, HPCL had stopped fuel supplies to Air India at 6 airports of Kochi, Mohali, Pune, Patna, Ranchi and Vizag over payment defaults

Pay dues monthly, or will stop fuel supply from 18 October say oil companies to Air India; national carrier owed Rs 5,000 cr in unpaid fuel bills till August

On 22 August, Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp had stopped fuel supplies to Air India at six airports in the country

Aviation stocks tumble up to 7.2% as crude oil prices hit four-year high of $80 per barrel

Shares of Spicejet plunged 7.20 percent, Jet Airways tumbled 7.05 percent and InterGlobe Aviation 4.97 percent on BSE.

Indian Oil Corp most profitable PSU for second year in a row; trumps state-run explorer ONGC

ONGC was for long India's most profitable company but lost the crown to private sector Reliance and TCS three years back.

Petrol prices hit four-year high at Rs 73.73, diesel at highest level in Delhi

Petrol price on Sunday hit a four-year high of Rs 73.73 a litre while diesel rates touched an all-time high of Rs 64.58 in the national capital, renewing calls for the government to cut excise tax rates.

ONGC to raise Rs 19,940 cr short-term loan to part-fund HPCL acquisition; gets nod for Rs 35,000-cr borrowing

ONGC says it will get Rs 10,600 cr loan from PNB, Rs 4,460 cr from Bank of India and Rs 3,000 cr from Axis Bank

ONGC gets govt nod to sell stake in Indian Oil, GAIL to fund Rs 36,915-cr HPCL buyout

Sources said ONGC is a zero-debt company and wants to retain that status and short-term loan it is availing have provision to pre-pay without any penalty.

Dharmendra Pradhan cites Nationalisation Act to back why ONGC avoided open offer after buying HPCL stake

Dharmendra Pradhan says HPCL will continue to remain a central public sector enterprise by virtue of govt holding majority stake in ONGC

Bharti Airtel tells NPCI: Will return Rs 190 cr LPG subsidy to original bank accounts of customers

Govt acted swiftly in LPG subsidy matter and UIDAI, in a stern move late last week, temporarily barred company from conducting Aadhaar-based SIM verification

Centre to launch LPG panchayats to increase use of clean fuel, distribute gas connections in villages

Centre will launch a country-wide LPG Panchayat as a backup to the Pradhan Mantri Ujjwala Yojana to distribute LPG connections in the rural areas