ONGC $1.6 Billion Stake Sale Is Said to Face Subsidy Hurdle
One of the rigs deployed at ONGC’s Eastern Offshore fields. (Source: ONGC’s Twitter handle)

ONGC $1.6 Billion Stake Sale Is Said to Face Subsidy Hurdle

(Bloomberg) -- India’s efforts to sell a $1.6 billion stake in Oil & Natural Gas Corp. has run into concerns that government policies on fuel pricing would weigh on the state-run explorer’s share p...
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