(EnergyAsia, September 28) — The Reserve Bank of India said foreign institutions will be allowed to buy shares in downstream oil company Hindustan Petroleum Corporation Ltd (HPCL) in the open market without the need for official approval. The bank said the move was effective from September 21 as the foreign shareholding in HPCL had…
INDIA: Foreign investment in Hindustan Petroleum Corporation Ltd (HPCL) made easier
Posted on September 28, 2006 by EnergyAsia