The Hindustan Petroleum logo is displayed on a petrol gas pump at a gas station in Mumbai, India. (Photographer: Vivek Prakash/Bloomberg)

HPCL Relents, Government Recognises ONGC As Company’s Promoter

Hindustan Petroleum Corp Ltd. has for the last 15 months refused to recognise its majority shareholder ONGC as its promoter but the government has now for all practical purposes started giving the ...

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