HomeNewsBusinessIPODivestment dept to decide on ONGC FPO in few days: Sources

Divestment dept to decide on ONGC FPO in few days: Sources

As the government grapples with a huge revenue gap, there finally seems to be some action on the disinvestment front. CNBC-TV18 learns that the much delayed ONGC follow-on public offer (FPO) might see the light of the day soon, reports CNBC-TV18's Aakanksha Sethi.

October 19, 2011 / 22:59 IST
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As the government grapples with a huge revenue gap, there finally seems to be some action on the disinvestment front. CNBC-TV18 learns that the much delayed ONGC follow-on public offer (FPO) might see the light of the day soon. Sources add that the government is considering buybacks and minority stake sales in some other PSUs, reports CNBC-TV18

first published: Oct 19, 2011 06:39 pm

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