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ONGC-HPCL merger-II: The government could have thought of a better plan
Jun 22: Is the merger of HPCL with ONGC a good idea?
8Or should it have been a merger of all the public sector oil marketing companies instead?
8Did the government do adequate due diligence or was it an idea that merely caught the fancy of the government's top brass and was handed down the line to implement?
8The merger of HPCL and ONGC does not really make a lot of material sense as both operate in distinctly different territories.
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