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Hindustan Petroleum Corporation

Fuel retailers bank on non-fuel retailing

Thanks to the deregulation of retail petrol prices in June last year, fuel retailing companies are finding themselves thinking out-of-the-box to stay ahead of competition. Brought on a level-playing field by deregulation of petrol prices, these companies, public and...

No new fuel stations for two years

Citing losses on account of under-recoveries on sale of petrol and diesel, the ministry of petroleum and natural gas, government of India, has asked the oil marketing companies (OMC) to hold their plans of launching new retail outlets for...

Another McDonald’s at HPCL station

McDonald's India, as part of its strategic tie-up with Hindustan Petroleum Corporation Limited (HPCL) to set up and operate outlets at the latter’s petrol pumps, has opened a restaurant in an HPCL petrol outlet at AS Rao Nagar, Hyderabad....

IOC losing Rs 100 crore a day

The oil retailing companies are losing Rs 4.34 per litre on petrol, Rs 6.90 per litre on diesel, Rs 174 per cylinder on LPG and Rs 16 per litre on kerosene for selling the products below the cost price. State-owned...
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Apparel Group signs multi-brand agreement with Marquee Brands

The agreement covers bringing five of Marquee's renowned brands—BCBG, Ben Sherman, Bruno Magli, Sur la table and Martha Stewart—to...
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