Thursday 24 May 2018
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bdnews24
4 months ago

India s ONGC to buy majority stake in refiner HPCL for $5.78 billion

India’s biggest explorer Oil and Natural Gas Corp has agreed to buy the government’s majority stake in state-refiner Hindustan Petroleum Corp for 369 billion rupees ($5.78 billion or 4.17 billion pounds), ONGC said on Saturday.

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