India may auction stake in ITC, L&T as it races to meet $10b divestment target

India may auction stake in ITC, L&T as it races to meet $10b divestment target

The Indian government is planning to auction its holdings in ITC and Larsen & Toubro (L&T) to help it reach the target it had set; to raise funds from disinvestment and alleviate the stress on finances, as per a report in The Economic Times.

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