State-owned Hindustan Petroleum Corp Ltd (HPCL) reported 12-fold jump in net profit during three months ended December 31 on receiving government subsidy on fuel sales for the previous two quarters.
Losses on sale of diesel at government-controlled rates have hit a record Rs 14. 57 a litre sending state-owned oil companies scrambling for ways to cover mounting losses
The state-run Hindustan Petroleum Corp (HPCL. NS) will double the volume of Saudi crude it imports in an annual deal beginning in April two industry sources with direct knowledge
State-owned Hindustan Petroleum Corporation Ltd (HPCL) today reported a net loss of Rs 3 364. 48 crore for the quarter ended September 30 after the government failed to offer any
State-owned oil marketing companies are virtually living off borrowed money as their losses on auto and cooking fuel sales have forced them to take loans to meet even day-to-day expenses.
A common refrain of the government, the oil companies, trade lobbies and even economists is that Indian consumers need to pay market prices aligned with international prices for fuel
State-owned Hindustan Petroleum Corp Ltd (HPCL) is in talks with BP Plc and Total SA of France to revive the stalled $ 10 billion refinery-cum- petrochemicals project at Vizag in
State-owned Hindustan Petroleum Corp Ltd (HPCL) today reported widening of its net loss to Rs 3 080. 26 crore in the quarter ended June 30 and attributed it to not
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