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How does the ONGC auction work

PUBLISHED ON: March 1, 2012 | Duration: 4 min, 50 sec

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Bombay Stock Exchange Chief Business Officer V Balasubramaniam explains the auction process for ONGC divestment. This is the first stake sale being done via auction route. The indicative price will be available only post 3 pm though the cumulative bid quantity can be accessed at regular intervals.
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