Friday, March 06, 2009

More on PC's "Achievements": stealing money from ONGC



---------- Forwarded message ----------
From: Girish


http://online.wsj.com/article/SB123623825638138005.html?mod=googlenews_wsj

Investors unloaded shares in Oil and Natural Gas Corp. after the Goldman Sachs released a report that estimated the government had taken away almost $20 billion in cash over the last six years without consulting the company's minority shareholders. That sum includes an estimated $6.5 billion for fiscal 2009, which ends March 31 this year. The government is ONGC's biggest shareholder, holding 74.13%.






No comments: