Advertisement

HindustanTimes Fri,29 Aug 2014

Stake sale in Coal India is in 'action plan': govt official

Reuters  Mumbai, June 26, 2014
First Published: 15:45 IST(26/6/2014) | Last Updated: 15:51 IST(26/6/2014)

A stake sale in Coal India Ltd is in "action plan," said Sangita Chourre, joint secretary in the department of disinvestment in finance ministry.

The government will space out the disinvestments to ensure appetite for the issuances, she added.

The government has an 89.65% stake in Coal India, the world's largest coal miner, BSE data showed.


Advertisement
more from Business

Former Infosys executives Bala, Pai plan $100mn global tech fund

Former Infosys board members and chief financial officers TV Mohandas Pai and V Balakrishnan are planning a $100-million (Rs 600-crore) offshore venture fund to invest in technology startups worldwide.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved