In a strategic move to bolster its presence in the Electric Vehicle (EV) segment, Gulf Oil Lubricants India Limited (GOLIL), a Hinduja Group Company, announced to acquire controlling stake in Tirex Transmission Pvt Limited for ~ INR 103 Crores subject to the completion of definitive agreements and the satisfaction of predetermined closing conditions. This is…
Tag: Ravi Chawla
Gulf Oil India Lubricants Ltd makes strategic equity investments in Techperspect Software Pvt Ltd
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•Gulf Oil India announced a strategic partnership through investment in equity shares in Techperspect Software Pvt Ltd ( ElectreeFi ) a leading E Mobility Solutions ( SaaS) company in India. This strategic investment and partnership is the second move by Gulf Oil in the EV Mobility value chain after the company invested in the UK…
Gulf Oil Lubricants India enters strategic partnership with South Korea’s S-Oil Corporation
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•Gulf Oil Lubricants India Ltd has announced a long term strategic partnership with S-Oil Corporation, South Korea – one of the leading oil refining and lubricant manufacturing companies in Asia, to exclusively manufacture and market their entire range of lubricants under the brand – ‘S-Oil Seven’ for the Indian market. The relationship which in the…