IOC not on sell-off list: India finmin official

State-run oil marketing company Indian Oil Corp is currently not on the list of firms in which the government will sell stake, Disinvestment Secretary Sumit Bose said today.

State-run oil marketing company Indian Oil Corp is currently not on the list of firms in which the government will sell stake, Disinvestment Secretary Sumit Bose said on Wednesday.

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The government has set a target of about $8.5 bn from stake sales in state-run companies in the fiscal year that ends March 2011.