BPCL to Raise Rs 17,000 Crore to Drive Net Zero Initiative
Bharat Petroleum Corporation (BPCL) is about to issue a rights issue worth Rs 17,000 crore in tranches, heralding an equity injection by the state oil...
Tag : HPCL
OMCs Rise, ONGC, Oil India Shares Fall as Crude Dips Below $75
Shares of BPCL, HPCL and Indian Oil rose 4% in early trade on March 16 after Brent crude fell below the $75-a-barrel mark for the...
HPCL Slumps to Biggest Drop in Over One Month After Quarterly Losses Persist
Shares of Hindustan Petroleum Corporation (HPCL) fell nearly 4% on November 4 after the state-owned oil retailer reported a standalone net loss of Rs 2,172...
Indian Refiners Negotiate 6-Month Oil Import Deal with Russia
Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels a month as the world’s third-biggest importer seeks more oil...
Indian Companies External Borrowings Declines Sharply
According to the latest data from Reserve Bank of India, Indian companies’ external commercial borrowings posted a 45 per cent drop to US$ 2.42 billion...
Britannia Industries Ltd To Replace HPCL In the Nifty 50 Index
The state-owned Hindustan Petroleum Corporation Ltd (HPCL) will now be replaced by the Britannia Industries Ltd in the Nifty 50 Index from March 29, 2019....
Oil Companies Plans To Allot 65,000 Petrol Pump Before Elections
State-owned oil companies are planning to allot about 65,000 petrol pumps across the country ahead of 2019 general elections in order to expand the existing...
Govt. Cuts Fuel Prices By Rs. 2.50, Burdening Re. 1 On Oil Companies
Finance Minister Arun Jaitley informed the press today (04/10/2018) that the Modi government has decided to cut fuel prices and to provide a total relief...
HPCL Enters A Long-Term Agreement With HMEL
Hindustan Petroleum Corporation (HPCL) has entered into a long-term agreement for the operations and maintenance of its newly-commissioned bitumen terminal at Bathinda, with HMEL (HPCL-Mittal...
IOC Signs Term-Tender Deal With USA To Buy Crude Oil
Indian Oil Corporation (IOC) signed a first ever term-tender deal with the United States Of America (USA) to buy crude oil, less than a year...