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ONGC gives NOC for sale of Cairn India to Vedanta
December 06, 2011
State-owned Oil and Natural Gas Corp (ONGC) has given a no-objection certificate to British oil firm Cairn Energy's sale of a majority stake in its Indian
unit to Vedanta Resources, paving the way for conclusion of the USD 8.71 billion deal in the next few days.
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