India starts stake sale process of SUUTI to boost divestment target

India starts stake sale process of SUUTI to boost divestment target

Photo: Mint

The National Democratic Alliance finally seems to have made up its mind to sell its minority stakes held in many listed and unlisted companies through the Specified Undertaking of UTI (SUUTI), an offshoot of erstwhile UTI, which could boost its revenue and help meet the disinvestment target.

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