ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL buy

ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL buy Sources said ONGC is a zero-debt company and wants to retain that status. The short-term loan it is availing have provision to pre-pay without any penalty. http://ift.tt/2F5Lboy

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