PRI­VATE FIRMS MAY GET UP TO 60% IN PSU FIELDS

Business Today - - CONTENTS -

In­dia plans to of­fer pri­vate com­pa­nies up to 60 per cent stake in oil and gas fields owned by gov­ern­ment com­pa­nies that are al­ready un­der pro­duc­tion, ac­cord­ing to a Reuters re­port. The gov­ern­ment has taken the de­ci­sion after fail­ing to draw in­vest­ment from global oil ma­jors in new fields.

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