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ONGC jumps gun, announces Videocon deal before it is due

State-owned Oil and Natural Gas Corp (ONGC) on Monday jumped its own embargoes to announce a USD 2.5 billion buyout of Videocon Industries Ltd.‘s stake in a giant Mozambique gas field even as the deal was said to be in works.

first published: Jun 10, 2013 09:43 pm

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