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HPCL News

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Results of the stress tests conducted by the mid and small cap schemes of mutual funds expected today will be keenly watched by the market.
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Hindustan Petroleum Corporation Limited and Gogoro have inked a Memorandum of Understanding to set up battery swapping stations at HPCL's outlets.
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Shetty is a Gold Medalist in Human Resource Management from Andhra University.
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The Congress' Pune city unit protested outside the regional office of Hindustan Petroleum Corporation Ltd (HPCL) and gave a memorandum to officials. 
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Hero MotoCorp collabs with HPCL to set up EV charging stations at petrol pumps In the first phase, the charging stations will be set up in selected cities The entire user charging experience will be controlled by a Hero MotoCorp Mobile App
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HPCL Biofuels has announced over 250 vacancies The last date to apply is October 16
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CESL and HPCL will jointly set up EV charging stations in many cities. These cities include Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai, Kolkata and Pune. The stations will support charging with fast, slow or moderate speed capacity.
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ICICI Bank has announced the launch of a co-branded credit card with Hindustan Petroleum Corporation Limited (HPCL) to enable users to get benefits and reward points of using multiple credit cards in one. 
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Major fire reported at HPCL plant in Visakhapatnam In view of the fire, the district authorities rushed several teams of fire tenders to the spot No casualties have been reported so far
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HPCL will buyback upto 10 crore shares. Share buyback at no more than Rs 250 apiece. Company plans to buyback 6.56% of total shares.
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The Director-General of GST in Pune has slapped IOC, the country's biggest oil firm, with a tax demand of Rs 4,002 crore for alleged non-payment of excise duty on ethanol mixed in petrol. HPCL has been asked to pay over Rs 346 crore.
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ONGC, which had in January completed the acquisition of the government's 51.11 per cent stake in HPCL for Rs 36,915 crore, has appointed its Director (Finance) Subhash Kumar on the company board, sources said.
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State-owned IOC, BPCL and HPCL will hold the remaining 50 percent stake in the project.
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Indian Oil Corp (IOC) will invest Rs 70,000 crore to raise its oil refining capacity by about a quarter by 2030 as it takes the lead to meet rising energy needs of the country.
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If the deal comes through, it will enable ONGC to emerge as one of the largest integrated public sector oil and gas company.
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The nation's biggest oil firm, IOC will source the fuel from its Mathura refinery, while Hindustan Petroleum Corp Ltd (HPCL) will do so from its joint venture refinery at Bhatinda. Bharat Petroleum Corp Ltd (BPCL) supply the fuel from its Bina refinery.
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The foreign currency issuer ratings of Bharat Petroleum Corp Ltd (BPCL), Hindustan Petroleum Corp Ltd (HPCL), Indian Oil Corp (IOC) and Petronet LNG Ltd (PLL) was upgraded to Baa2 from Baa3, the same as India's sovereign rating upgrade.
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HPCL is the first Indian oil company to have started marketing lubes in Myanmar and has chosen commercial hubs of Yangon and Mandalay.
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ONGC has already secured shareholder nod to raise up to Rs 25,000 crore debt, he said, adding that the company had about Rs 10,000 crore of cash in hand.






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