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OIL issue fetches Rs 3,141 cr for govt

Government has raised Rs 3,141.39 crore through 10 percent stake sale in Oil India (OIL), with foreign investors getting over 60 percent of the issue.

OIL share sale oversubscribed 2.5 times, govt gets Rs 3,100 cr

Cash strapped government Friday garnered Rs 3,100 crore from sale of 10 percent stake in Oil India (OIL), which was a resounding success with the issue being lapped up by more than twice the number investors originally targeted.