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India to start selling SAIL shares

Friday, 26 November 2010


As part of its disinvestment policy, Indian government will start selling its share in Steel Authority of India Ltd (SAIL) from Thursday, according to Commodity Online.
India planned to raise Rs 400 billion this fiscal year by selling stakes in state-run companies.
The government had also planned to sell some of its stake in Hindustan Copper Ltd in the second week of December.