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Oil India led consortium to bid for acquiring BPCL's stake in Numaligarh R
Updated : 4 years, 8 months ago IST
New Delhi [India], February 19 (ANI): Oil India Ltd (OIL) in consortium with Engineers India Ltd (EIL) has decided to bid for acquiring 61.65 per cent stake of Bharat Petroleum Corporation Ltd (BPCL) in Numaligarh Refinery Ltd (NRL).
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Fitch lowers risk for credit metrics of Indian oil marketing firms
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], February 16 (ANI): The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's oil marketing companies against weak gross refining margins (GRMs), thereby lowering downside risks for thei
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