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ONGC not to make open offer post HPCL acquisition: Official

ONGC not to make open offer post HPCL acquisition: Official

Sun, Jul 23, 2017

The Cabinet Committee on Economic Affairs (CCEA) last week gave in-principal approval of Oil and Natural Gas Corp (ONGC) buying out government's entire 51.11 per cent stake in fuel retailing and marketing company Hindustan Petroleum Corp Ltd. HPCL will continue to be a separate listed company.

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