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EGoM to meet on Wednesday to decide on OIL stake sale

The Empowered Group of Ministers, headed by Finance Minister P Chidambaram, is likely to meet tomorrow to decide on price and time of sale of government's 10 percent stake in Oil India Ltd (OIL).

No decision in EGoM on OIL stake sale pricing

The EGoM was expected to decide on pricing of 6.01 crore shares Thursday so that the issue could hit the market on January 29 as per the tentative schedule.

EGoM to decide OIL offer price on January 24

The Empowered Group of Minister (EGoM), headed by Finance Minister P Chidambaram, will meet on October 24 to fix the price for selling 10 percent stake in Oil India (OIL), which could fetch over Rs 3,000 crore to the exchequer.