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Monday, 12 June 2017

ONGC to buy HPCL for Rs 42,250 crore

PUBLISHED ON: June 12, 2017 BY: E-FUN and JOY IN:
State-owned Oil and Natural Gas Corp (ONGC) is reportedly planning to buy Hindustan Petroleum Corp Ltd (HPCL) for a price of Rs 42,254 crore. Notably, HPCL is India's third-largest fuel retailer. The ONGC - HPCL deal is said to be a follow-up to Union Finance Minister Arun Jaitley’s budget announcement of creating an integrated oil company

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Has laoreet percipitur ad. Vide interesset in mei, no his legimus verterem. Et nostrum imperdiet appellantur usu, mnesarchum referrentur id vim.

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