NEW DELHI: For a successful integration, Oil & Natural Gas Corporation and Hindustan Petroleum Corporation will have to respect each other's "autonomy in their respective areas of business", the HPCL chairman said. We need to ensure that we respect each other's autonomy in respective areas of business. The skillsets of the two companies are different, areas of business are different. All three — ONGC, HPCL (and) MRPL — see value in this.But there has been no formal discussion on this," Surana said. The deal would give ONGC control over HPCL's 14,700 petrol pumps.

Source: Economic Times January 21, 2018 17:16 UTC