ONGC’s stand on Vedanta-Cairn deal still not clear
The uncertainty over the Vedanta-Cairn deal continues. And ONGC’s stand on the deal by virtue of it being a 30 per cent stakeholder in the Rajasthan block where Cairn is a majority stakeholder is still not clear. After three hours of marathon board meeting, the ONGC Chairman R S Sharma refused to give away any details.
