India invites bids from merchant bankers to pare stake in railways' e-ticketing arm

India invites bids from merchant bankers to pare stake in railways' e-ticketing arm

Belle Maluf / Unsplash

The Indian government has set the ball rolling to further pare its stake in Indian Railway Catering and Tourism Corp. Ltd (IRCTC) as it seeks to meet its ambitious disinvestment target for this fiscal year.

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