Indian FM says state firms to buy back shares, target strategic sales once markets perk up

Indian FM says  state firms to buy back shares, target strategic sales once markets perk up

Photo: Reuters

Outlining the government’s disinvestment strategy, finance minister Arun Jaitley said on Monday that cash-rich state-run companies could buy back their shares from the market, followed by strategic stake sales once the market improves.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter