ICICI, HDFC plan to sell 50% stake in Prize Petro

ICICI Bank and HDFC Bank plan to sell their 50 per cent stake in state-owned Hindustan Petroleum Corporation Ltd's oil exploration firm, Prize Petroleum Co Ltd to a strategic investor, a company......

OIL public issue to hit in Nov, lines up Rs 13k cr

State-run explorer Oil IndiaLimited aims to hit the capital markets in the first half of November to raise around Rs 1,600 crore. The company has also lined up Rs 13,000-crore (Rs 130-billion)......

OIL plans IPO to raise Rs 1474 cr

The Oil India Limited (OIL) has decided to offer initial public offering to raise around Rs 1,474 crore (Rs 14.74 billion) for its expansion plans in its Golden Jubilee year. OIL Chairman and......

Oil India chief on investment strategies

Oil India, the country's second largest exploration and production company, is slated to offer its shares to the public in the next few weeks, following the pre-IPO placement to government owned......