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The government is all set to raise Rs 3000 crore from its stake sale of 1.5 per cent in Oil and Natural Gas Corporation Limited (ONGC), India's largest oil and gas production company, with the offer for sale (OFS) open on March 30 and 31, according to a regulatory filing. ....
The govt is selling up to 1.5 per cent of its stake in ONGC at a floor price of Rs 159 a share to raise about Rs 3,000 crore through a two-day offer OFS. ....