Oil and gas business demerger underway: Venugopal Dhoot
The process of demerging the oil and gas business is underway, says Venugopal Dhoot of Videocon. However, he says that the excercise of valuing the oil and gas business has not yet been completed. Mr Dhoot also says that the reserves in the Brazil block are far higher than earlier estimated, but declined to confirm the actual quantum of proven reserves.
