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Tuesday, 27 August 2019

Government starts process to cut stake in state-run firms

The government has kick-started the process of diluting its stake in state-run companies below 51% and has identified nearly a dozen firms for implementing the Budget announcement. Among the companies that may be taken up for disinvestment are IOC, NTPC, Power Grid, Oil India, GAIL, NALCO, BPCL and EIL, the sources said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/322w4rq

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