• Uncategorized

HOS: Reliance Industries Promotores looking at HPCL

Heard on Street : Promotores of Reliance Industries Ltd., India’s biggest private conglomorate are acquiring stake from market in HPCL i.e. Hindustan Petroleum Corporation Limited , one of the three PSU undetaking of Govt. of India.

Persons related to this information says that this is due to Exit POlls showing a huge win for Mr. Modi led NDA govt as in its previous avatar , NDA in its government had tried to privatise BPCL i.e. Bharat Pertoleum Corporation Ltd.

SGX Nifty

sgxnifty.org@imediaone.com

You may also like...

Rules of Discussion on HOS: Reliance Industries Promotores looking at HPCL

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean