Latest News – Hindustan Petroleum Corp Ltd (HPCL) Chairman and Managing Director Mukesh Kumar Surana will continue to hold his designation if the firm’s new promoter, ONGC, is to follow the Coal India Ltd model for governance of subsidiaries.
ONGC last week completed the acquisition of the government’s 51.11 per cent stake in HPCL for Rs 369.15 billion (Rs 36,915 crore).
HPCL is now a subsidiary of ONGC (Read More)
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