Corporate | ONGC may borrow $10 bn to buy assets

Corporate | ONGC may borrow $10 bn to buy assets
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First Published: Mon, Mar 08 2010. 11 14 PM IST
Updated: Mon, Mar 08 2010. 11 14 PM IST
New Delhi/Mumbai: Oil and Natural Gas Corp. Ltd (ONGC) may borrow $10 billion (Rs45,400 crore) over the next decade as it competes with rivals from China and South Korea to buy oil assets overseas to meet domestic fuel demand.
Bloomberg
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India Cements to raise $75 mn in share sale
Mumbai: India Cements Ltd plans to raise as much as $75 million (Rs340.73 crore) from selling shares to institutional investors, according to a share sale document. The shares are to be sold for Rs120.2 each, according to the document.
Bloomberg
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First Published: Mon, Mar 08 2010. 11 14 PM IST
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