ONGC gains after unit's agreement with Rosneft

Tags: ONGC, Companies
Oil and Natural Gas Corp gains 2.2 percent after a company unit, ONGC Videsh, entered into a deal with Russia's Rosneft on Saturday for cooperation in exploration and hydrocarbon production from Russia's offshore deposits.

"The parties will jointly consider forming a consortium led by Rosneft and involving other partners," Rosneft said.

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