EDE > Got potential on a massive deal in India,..
IOCL, Indias flagship national oil company and downstream petroleum major, is India's largest commercial enterprise, with a sales turnover in 2008-09 of more than A$60 billion the highestever for an Indian company.
It is also the highest ranked Indian company in the prestigious Fortune 'Global 500' listing, having moved up 11 places to 105th position in 2009.
IOCLs involvement in the farm-in agreement will be managed by its R&D division which operates an A$250 million world class R&D facility at Faridabad near Delhi.
Could see over 50 cents target next week...
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EDE > Got potential on a massive deal in India,..IOCL, Indias...
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