A panel has recommended that the ONGC Chairman should also head its subsidiary HPCL to ensure cohesive corporate governance. Despite ONGC's acquisition of HPCL in 2018, HPCL has operated with its own chairman, creating disjointed management. The report suggests appointing CEOs for subsidiaries who report to the ONGC Chairman, aiming to streamline operations and enhance synergies. Read The Rest at :
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