OIL, ONGC slump up to 4% on higher royalty payments
Oil India tumbled 3.57 per cent to hit a low of Rs 360 on BSE. ONGC fell 1.62 per cent to Rs 226.70 on the exchange. Assam will now get crude oil royalty at pre-discounted price similar to Gujarat with effect from February 1, 2014.18-07-2016