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India starts journey to create national oil champion - Financial Times
Financial Times | India starts journey to create national oil champion Financial Times New Delhi has kick-started the process of creating a national oil champion, giving the go-ahead for a $4.6bn sale of the government's stake in Hindustan Petroleum Corporation to its bigger state-owned rival Oil and Natural Gas Corporation. Ministers ... Birth of an oil giant: Six reasons why HPCL-ONGC deal is important India Approves Creating State Oil Giant in $4.6 Billion Deal HPCL tanks 5%, ONGC up 3% after Cabinet gives PSU oil giant nod to buy govt's stake in retailer |
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