ONGC to board Shipping Corp, oil companies JV as equity partner
The induction of ONGC as a partner will “slightly alter” the equity structure of the soon-to-be-incorporated joint venture company in which Shipping Corporation will hold the majority stake of 50% as decided initially.
The induction of ONGC as a partner will “slightly alter” the equity structure of the soon-to-be-incorporated joint venture company in which Shipping Corporation will hold the majority stake of 50% as decided initially.
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