-3.00 (-1.23%) Oil and Natural Gas Corporation (ONGC) is planning to raise funds of up to Rs 45,000 crore. The company’s board is going to meet on September 1 to consider raising funds. The board will also consider and approve the company's financial results for the June quarter on the said date.
ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.