UPDATE 1-India aims to raise $2.18 bln by cutting stakes in 18 firms to 75% – source
07 Jul UPDATE 1-India aims to raise $2.18 bln by cutting stakes in 18 firms to 75% – source
Posted at 11:30h
in
News
by KMFSLLP
India’s government aims to
raise up to 150 billion rupees ($2.18 billion) by reducing its
stake in 18 state firms to 75%, a finance ministry official
involved in the matter said on Monday, as it looks to boost
revenues and rein in the fiscal deficit.
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