Rewarding Shareholders May Add To Debt Pile Of Indian Oil 
Workers perform maintenance work on Indian Oil Corp. tanks at Cochin Port in Cochin, India. (Photographer: Dhiraj Singh/Bloomberg)

Rewarding Shareholders May Add To Debt Pile Of Indian Oil 

Indian Oil Corporation Ltd. announced its biggest-ever payout to shareholders in at least 17 years at a time the government, its promoter, is looking to mop up funds to meet its divestment target. ...
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