business

ONGC 'still considering' July 5 as FPO date

The ONGC follow on public offer (FPO), one of the most anticipated one from the Finance Ministry’s divestment calendar is scheduled on July 5. Maintaining that the Department of Divestment (DoD) will take the final call on the FPO, AK Hazarika the chairman of the oil major, says he is “still considering” July 5 will be the FPO date.

first published: Jun 9, 2011 11:00 am