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IOC buy will leave us with only Rs 2500 cr cash: ONGC exec

Following a weak response to the proposed divestment in IOC, and also opposition from the oil ministry on selling stake at depressed valuations, the government has decided to ask state-owned companies ONGC and OIL India to pick up stake in IOC.

first published: Jan 20, 2014 10:10 am

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