17.02.2014 06:51:00

ONGC Videsh Limited -- Moody's: ONGC's Q3 results improve despite higher subsidy

Singapore, February 17, 2014 -- Moody's Investors Service says that the improvement in Oil and Natural Gas Corporation's (ONGC) performance for the quarter ended December 2013 (Q3), despite an increase in its fuel subsidy burden, is mainly attributable to a depreciating Rupee.

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