India is facing demands from the local state-owned oil industry to create the country's first sovereign wealth fund to compete with China in the race to secure global energy assets, according to government and industry officials.

By James Fontanella-Khan in Mumbai

Published: March 17 2010 23:00 | Last updated: March 17 2010 23:00

Источник: Financial Times

http://www.ft.com/cms/s/0/916208fc-31fe-11df-a8d1-00144feabdc0,s01=1.html