India: Govt said to plan sale of 26% in BEML to meet deficit goal

India: Govt said to plan sale of 26% in BEML to meet deficit goal

Parked passengers trains are seen at a railway station in Mumbai, India, October 22, 2015. REUTERS/Shailesh Andrade

India plans to sell a 26% stake in wagon maker BEML Ltd. as well as auction holdings in a clutch of other companies to help meet a record asset-sale target, people familiar with matter said.

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