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Government recognises ONGC as promoter of HPCL PTI New Delhi, June 23, 2019 Government headhunter Public Enterprises Selection Board (PESB) on June 17 called ONGC Chairman and Managing Director Shashi Shanker to assist in selecting the new Director (Finance) of HPCL Market Wrap: Sensex falls 289 pts, Nifty ends below 11,850, Jet Airways slips over 10% BusinessToday.In June 14, 2019 Equity benchmark indices extended losses in the last hour of the trade to end in the red, after sources said that India will impose retaliatory tariffs on 29 US products.Sensex ended down by 289.29 points at 38,452, while Nifty fell by 90.75 points to close at 11,823. Overall 26 out of the 30 stocks ended in the red on Sensex and 42 out of the 50 stocks were negative on Nifty.On the sectoral front, all indices closed in the red. Media and Realty were the biggest losers and wer... Slowdown Blues: Mangalore Refinery and Petrochemicals profit down 41% in Q4 on lower refinery margins PTI May 14, 2019 Mangalore Refinery and Petrochemicals Ltd (MRPL) Tuesday reported 41 per cent drop in fourth-quarter net profit after refinery margins shrank. Markets update: Sensex closes 372 points lower, Nifty ends below 11,150; Sun Pharma, YES Bank, Tata Steel top losers BusinessToday.In May 13, 2019 Markets Live: Sensex closes 372 points or 0.99 per cent lower at 37,090 and Nifty ended at 11,148 down 130.70 points or 1.16 per cent. HPCL-MRPL merger hits cash hurdle; ONGC rules out share-swap PTI New Delhi, April 28, 2019 HPCL is keen to get MRPL in its fold citing operational synergies. It has been talking of a combination of cash and share-swap for the deal that will make it India's third-largest oil refiner HPCL-MRPL merger hits cash hurdle; ONGC rules out share-swap PTI April 28, 2019 HPCL continues not to recognise ONGC as promoter; to face real test in selection of directors PTI April 21, 2019 Govt asks HPCL to list ONGC as co-promoter, HPCL seeks more clarifications PTI February 5, 2019 ONGC preparing strategic vision document for 2040: CMD PTI January 26, 2019 After 3-month gap, HPCL, BPCL to import 1 mn barrels of Iranian oil in Feb Reuters New Delhi, January 7, 2019 Under the agreement, New Delhi must restrict its Iranian oil purchases to 1.25 million tonnes, or 9 million barrels. Govt exempts rupee payments for Iran oil from taxes PTI January 1, 2019 India inks pact with Iran to pay crude bill in rupee PTI December 6, 2018 Periods of refinery shutdowns to push up fuel import, demand from private players Reuters November 28, 2018 The refiners will have to shut gasoil- and gasoline-making units at their plants for 15 to 45 days to churn out Euro VI-compliant fuels from January 2020. OVL net jumps more than 9-folds in H1 FY19 PTI November 14, 2018 IOC hopes of US waiver to continue buying oil from Iran PTI November 2, 2018 India close to winning US sanction waiver on Iran oil PTI November 1, 2018 HPCL continues to not recognise ONGC as its promoter PTI October 31, 2018 Barrelling Through Anilesh S Mahajan New Delhi, October 29, 2018 The US has only offered replacement of cargoes from Saudi Arabia to Indian refiners. Paying The Price Anilesh S. Mahajan New Delhi, October 29, 2018 The oil explorer burnt cash to buy HPCL, pay large dividend and is now being pushed for a share buyback to help meet the governments disinvestment target. Can increase in crude oil prices rebuild market sentiment? 'ONGC bought GSPC gas field stake for half the asking price of Rs 20k cr, replacement cost' PTI October 21, 2018

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