ONGC planning to raise funds of up to Rs 45,000 crore
25th Aug 2020

Oil and Natural Gas Corporation (ONGC) is planning to raise funds of up to Rs 45,000 crore. The company’s board is going to meet on September 1 to consider raising funds. The board will also consider and approve the company's financial results for the June quarter on the said date.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.