In an interview to CNBC-TV18, Ravi Chawla, MD of Gulf Oil Lubricants India spoke about the results and his outlook for the company.
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The India-born brothers G P Hinduja and S P Hinduja topped the 'Asian Rich List 2016' released here last night and the annual rankings showed that they had added one billion pounds to their personal fortune in a year to be worth an estimated 16.5 billion pounds.
Stocks in news: Ranbaxy | Suzlon Energy | Wockhardt | Nitesh Estates | Arvind | Sequent Scientific | ICICI Bank | Gulf Oil | Mastek | KNR Constructions and Nectar Life are stocks, which are in news today.
The US dollar`s rally in recent sessions has had little impact on the currencies of Gulf countries, compared to other major oil-producing nations.
With markets sensing OPEC will keep its production unchanged despite huge global oversupply, the price of benchmark Brent crude oil fell USD 2 to a 50-month low under USD 76 a barrel.
The report points out that the shale boom could impact the oil price in an extreme medium- to long-term extreme scenario. Under this scenario, shale oil supplies increase substantially from the US and sufficient infrastructure would be in place to render shale oil exports competitive with GCC oil exports
Global business conglomerate Hinduja group is planning to significantly expand presence in Africa in areas ranging from transport, infrastructure and coal, and would look to partner governments of various African countries for its new businesses in the region.
The Hinduja group has done some christmas shopping for a whopping 1 billion dollars. Gulf oil which is owned by the Hinduja group, has acquired US based Houghton International. This will make them the ninth largest in the lubricant space, reports CNBC-TV18‘s Sajeet Manghat.
Hinduja Group firm Gulf Oil said it has completed its acquisition of US-based Houghton International for USD 1.045 billion (about over Rs 5,747 crore) after conclusion of necessary regulatory approvals.
The recently concluded three-day conference Auto Serve 2012 has generated business enquiries worth Rs 125 crore, organisers CII said today.
AstraZeneca Pharma | TD Power Systems | Hubtown | Ind-Swift | Hanung Toys | NMDC | Kingfisher | OnMobile | Mangalore Chemicals | Gulf Oil Corporation | Tata Motors | Dr Reddy's Labs | DB Corp | NALCO and M&M Financial are stocks, which are in the news today.
In CNBC-TV18's popular show Bull's Eye, Nooresh Merani, AMSEC Research shares trading strategy of the day.
Automobile lubricant maker Gulf Oil is developing an information technology (IT) park project on its land in Bangalore.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest. Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.
Chennai Super Kings—it's a brand that has suddenly acquired a whole lot more punch. Evidence: new sponsors, and exciting merchandise.