Friday 26 December 2014
 
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Hinduja

Hinduja weighs sale of share in Saudi venture

  A unit of Indian conglomerate Hinduja Group has hired Deutsche Bank to consider options for a 49 percent stake in a Saudi lubricants venture valued at up to $700 million, three sources said.   Jed

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Gulf Oil acquires US group for $1.04bn

Gulf Oil Corporation Limited (GOCL), a company of Indian conglomerate Hinduja Group, has acquired a 100 per cent stake in US-based Houghton International, a global market leader in metal working fluids, for $1.04 billion. GOCL sai

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India, Iran firms to continue oil, gas talks

India's Oil and Natural Gas Corporation (ONGC) and the Hinduja Group will meet again with Iranian firms on developing an oil and a gas field in Iran and downstream projects in India. Officials from ONGC Videsh, the overseas arm of state-ru

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Hinduja firm acquires Petromin

Gulf Oil International Ltd, a Hinduja Group company, along with its joint venture partner the Dabbagh Group in Saudi Arabia, today announced the acquisition of Petromin. Petromin is a joint venture between Saudi Aramco (71 per cent) and Mo

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