to become world class and 10 times bigger as they would adopt international practices and compete with global peers.Agarwal called for investments in exploration of oil and gas and coal, saying they are found
ONGC will have to shell out a little more than Rs 2,500 crore. Sudhir Vasudeva, former ONGC chairman does not see strain on cash positions on balance sheet post the buy. He believes ONGC will be able to enter FY15 with comfortable cash positions.
forms part of its SUUTI portfolio and this will be via a block deal. The PSU ETF will have about 10-12 top PSUs and these will include companies such as Coal India, Oil and NaturalGas Corporation (ONGC