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MERGE IOC, ONGC, SAYS FINANCE MINISTRY (but Petroleum Ministry has demanded that ONGC should be allowed to bid for HPCL).

Asia Africa Intelligence Wire

| January 07, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

The Ministry of Finance, Government of India, has preferred merging Oil and Natural Gas Corporation (ONGC) with Indian Oil Corporation (IOC) to allowing it to bid for Hindustan Petroleum Corporation Ltd (HPCL). This is in …

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