HPCL
General
Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle
Canadian billionaire Prem Watsa's Fairfax and US private equity firm Bain Capital are competing to acquire Vadodara-based API maker Farmson Basic Drugs in a deal ......
Economy
Explained: What the US oil flash crash means for India, consumers
On Monday night India time, history was created when the US benchmark oil contract price fell below zero. The May contract ......
Markets
Nifty, Sensex go lower as oil surges on West Asia tensions
Indian shares ended lower on Friday after a US air strike in Iraq killed a top Iranian commander, dampening appetite ......
TMT
Hindustan Petroleum invests pre-seed capital in AI startup Tranzmeo
Tranzmeo IT Solutions Pvt. Ltd has raised pre-seed funding from Hindustan Petroleum Corporation Ltd (HPCL) for its artificial intelligence-powered product ......
TMT
Walmart-Flipkart deal: How it stacks up against other big-ticket M&As
Walmart Inc.’s decision to purchase a majority stake in online retailer Flipkart marks the biggest inbound acquisition in India ever, ......
Manufacturing
More M&As likely among state energy companies, hints oil minister
India could see more integration among state oil companies, its oil minister said on Monday, following top producer ONGC's $5.8 ......
Manufacturing
ONGC to acquire majority stake in HPCL for $5.8 bn
India’s biggest explorer Oil and Natural Gas Corp (ONGC) has agreed to buy the government’s majority stake in state-refiner Hindustan ......
Manufacturing
ONGC may sell stake in Indian Oil, GAIL to fund HPCL deal
India's top explorer Oil and Natural Gas Corporation may consider selling its stake in other state firms to partly fund ......
Manufacturing
Govt clears plan to sell stake in Hindustan Petroleum to ONGC
India has approved explorer Oil and Natural Gas Corp's (ONGC) plan to buy its 51.1 percent stake in state-refiner Hindustan ......
Infrastructure
HPCL arm to buy stake in two gas fields in Australia for $74M
Public sector energy firm HPCL, through its wholly owned arm Prize Petroleum Company Ltd (Prize), has reached an agreement with ......