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Gulf Oil Dec qtr net up 15%; plans to demerge lubricants biz

Last Updated: Friday, February 08, 2013, 17:44

Hinduja Group firm Gulf Oil Corp Friday reported a 15 percent rise in December quarter net profit and said it plans to demerge its lubricants business into a separate listed company.

INTEC Korea to invest $5mn to set up manufacturing unit in India

Last Updated: Friday, April 06, 2012, 00:02

INTEC Korea, a supplier of raw materials for steel industry, plans to invest USD 5 million to set up a manufacturing unit in India in a joint venture with Mumbai-based DKK Lubricants India Pvt Ltd, the company's Chief Executive Officer Kim In Sool told reporters.

Shell Lubricants appoints Nitin Prasad as India head

Last Updated: Wednesday, March 21, 2012, 19:53

Shell Lubricants Wednesday announced the appointment of Nitin Prasad as its new India country head.