Mrpl

Hindustan Petroleum to acquire Mangalore Refinery and Petrochemicals in share-swap deal

At present, ONGC owns 71.63 percent stake in MRPL while HPCL has 16.96 percent

In Rs 30,000 cr ONGC-HPCL deal, the biggest beneficiary is likely to be the govt

In ONGC, HPCL gets a parent who is not really worthy to be one. The oil explorer, meanwhile, may see a reduction in the flexibility of its books to acquire or develop upstream assets. However, the government gets Rs 30,000 crore

ONGC, HPCL may prune stake in MRPL to meet Sebi's public holding norms

Public shareholding in the Mangalore-based refiner is currently just 11.42 percent, not even half of the mandatory 25 percent public float required

MRPL shares tank after net loss of Rs 1,521 crore

Shares of Mangalore Refinery and Petrochemicals (MRPL), a subsidiary of Oil and Natural Gas Corporation, decline nearly 9 percent after reports that the company incurred a net loss of Rs 1,521 crore.

India set to halt Iran oil imports over insurance: MRPL

India is set to halt all crude imports from Iran because insurance companies in the country have said refineries processing the oil will no longer be covered due to Western sanctions, the head of refiner MRPL said on Friday.

Stock Check: Pantaloon Retail is all dressed up

Quite a few shares stuck to the script. The rest played their own game.

9 stocks to watch out for today

Today, we have picked Dr Reddy, JP Associates, Tata Motors DVR, Adani Power, DLF, GAIL, MRPL, ONGC, and Reliance Communications as the 9 stocks of the day.