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BRIEF-India's HPCL Chairman says oil companies merger plan yet to emerge
May 26, 2017 / 9:55 AM / 4 months ago

BRIEF-India's HPCL Chairman says oil companies merger plan yet to emerge

May 26 (Reuters) - India’s Hpcl

* Chairman says net profit 62.09 billion rupees for 2016/17 on standalone basis, up 66 percent

* Chairman says signed revised mou with rajasthan government for integrated petroleum and petrochemical refinery at revised capital cost of 431.29 billion rupees

* Chairman on merger plan of oil companies - “actual model yet to emerge”

* Chairman says received nod for borrowing 60 billion rupees until dec Further company coverage:

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