India aims to pare stake in state-run firms to minimum in FY20

New Delhi, India. Photo: Pixabay

Indian government will attempt to cut its shareholding in state-run companies in 2019/20 to the minimum required under the rules, a government official said, as it seeks to shore up 1.05 trillion rupees ($15.30 billion) through stake sales in the current fiscal year.

Continue reading this story with a subscription to DealStreetAsia.


Contact us for corporate subscriptions at