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IPO News
Oil India IPO by end of financial year 2007, to dilute 10% stake
Posted On : 2006-09-27 04:29:18( TIMEZONE : IST )
India's second largest oil producer, Oil India Ltd plans to tap the capital market through an Initial Public Offering within the financial year 2007. The company is expected to dilute 10% stake and use the resources mobilised for expansion plans.