Oil India Ltd to buy back 4.45 per cent shares

New Delhi: State-owned Oil India Ltd (OIL) will buy back 5.04 crore of its shares for a little over Rs 1,085 crore as part of the government's push to cash-rich Public Sector Units (PSUs) to part with their surplus either by paying higher dividends or through share buybacks so as to help meet revenue targets.

from EenaduIndia | Business https://ift.tt/2Kwepkq