ONGC divided to counter-bid for Cairn India

Aug 25, 2010 at 9:57 PM

According to ONGC, it has been divided to counter-bid for Cairn India. By using a $10-billion the counter-bid will be effective for ONGC, the talks are under process and assessment is on. Previously Vedanta Resources made an offer of $9.6 billion to purchase stake in Cairn India.

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