The brokerage further expects that the merger of HPCL and MRPL can be an indirect value creator by strengthening HPCL’s business model and alleviating cash infusion concerns. ONGC commands a ...

ONGC, Oil India: Motilal Oswal in its latest ... MRPL can be an indirect value creator by strengthening HPCL’s business model and alleviating cash infusion concerns," it said.

The 2021 proposal, too, was resisted by ONGC but with the output continuing to decline it has now come up with the TSP model to get technical knowhow for boosting output. ONGC produced a total of ...