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Market price reflects the true value of HPCL shares: DK Sarraf, Chairman & MD, ONGC

/ Jul 20, 2017, 14.34 PM IST

The Cabinet has given an in-principle approval to sell the government’s entire 51.11 per cent stake in Hindustan Petroleum Corp Ltd to Oil and Natural Gas Corp in a bid to create a state-run integrated oil major that can compete with private and foreign players.

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