Thursday, November 01, 2007

Hinduja group interested in picking up majority stake Kakinada refinery

The Hinduja group plans to pick up a majority stake in the Kakinada refinery, being put up for sale by the public sector oil major ONGC and its subsidiary, Mangalore Refineries and Petrochemicals Ltd. Gulf Oil Ltd, part of the Hinduja group, will be the company that would possibly buy shares in the company.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11136&P=P

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