Norway wealth fund drops ONGC from portfolio over South Sudan business1 min read . Updated: 03 Sep 2021, 02:56 PM IST
The world's largest sovereign fund also excluded three Israeli firms, Elco, its subsidiary Electra and Ashtrom because of their links to Israeli settlements in the West Bank
Norway's $1.4 trillion wealth fund has excluded India's top oil producer Oil and Natural Gas Corporation (ONGC) from its portfolio due to concerns over the company's business in South Sudan, the fund said in a statement.
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