ONGC may seek non-compete fee for Cairn stake
State-owned oil major ONGC may seek non-compete fee of Rs 50 a share for Cairn block stake, reports CNBC-TV18�s Shereen Bhan.
Cairn Energy is selling an 8% stake in Cairn India for up to $940 million, a source with direct knowledge of the matter said, in a second such deal in three months to pare holding in its former Indian unit.