| Govt to sell 10% in Oil India to PSUs |
| BS Reporter / New Delhi August 10, 2007 |
| The government plans to divest 10% stake in oil exploration and production company Oil India (OIL) to government-owned refinery companies along with a maiden share sale to the public. The public offer, which is likely in February, will raise Rs 1,000 to Rs 1,500 crore, a top petroleum ministry official said. "We have moved a note for consideration of the Cabinet for divestment of 10% government stake along with the company |
