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Indian Oil looks to import Russian oil – chairman #india #indiabiz
Moody's revises outlook of IndianOil's debt instrument to Negative
Indian Oil Corporation (up 0.63 per cent) , Oil And Natural Gas Corporation (up 0.47 per cent) and Hindustan Petroleum Corporation (up 0.34 per cent) too were trading with gains.
Nifty top gainers/ losers On the other hand, Titan Company, Zee Entertainment, Indian Oil and GAIL declined between 5-11 per cent during the week.
Moody’s said. The agency also downgraded the outlook on eight non-financial corporates to negative from stable. They are BPCL, HPCL, Indian Oil, ONGC, Oil India, Petronet LNG, Infosys and Tata Consultancy Services.
Hindustan Petroleum Corporation Limited is an Indian Oil and #NaturalGas Company headquartered in Mumbai. Oil and Natural Gas Corporation is the second promoter of the company owns 51.11% shares in #HPCL. Read more at: #Advisorymandi #Results
Indian Oil likely to bid for govt's share in absence of global players - If the BPCL stake sale does not evince interest from MNCs, as an alternative, the govt may sell half or around 26-27% of its share to another PSU such as IOC. #MOMarketUpdates
#IOC: The forecast dividend for Indian Oil Corporation Ltd has decreased to ₹7.34 per share from ₹7.95 in the last week.