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CIL to pick 50% in IOC's explosives division to form equal JV

16 July 2012 04:43

Economic Times,KOLKATA: Coal India (CIL) will sign a memorandum of understanding with Indian Oil Corporation (IOC) to take over 50% in its explosives division, which will be spun off into a different company where CIL and IOC will have 50% stake each.,

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CIL to pick 50% in IOC's explosives division to form equal JV

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