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Government to hire five banks for up to $993 million IOC share sale

MUMBAI The government is set to hire Citigroup, Deutsche Bank, Goldman Sachs, ICICI Securities and SBI Capital for a 3 percent stake sale in Indian Oil Corp that could raise as much as 64 billion rupees ($993 million), IFR, a Thomson Reuters publication, reported on Friday.

Symbol Last Net Change
MCX Gold Rs28,571.00 Rs-220.00
MCX Silver Rs41,372.00 Rs-625.00
ICE Brent Crude $52.23 $0.77