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Govt may sell stake in Coal India to meet divestment target
short by Krishna Veera Vanamali / on Monday, 18 June, 2018
The government is reportedly planning to offload a stake in Coal India after its bid to sell 76% stake in Air India turned unsuccessful. The government in its Budget announced a disinvestment target of ₹80,000 crore for the ongoing fiscal. The government, which currently holds over 78% stake in Coal India, had sold 10% stake for ₹22,550 crore in 2015.
read more at Bloomberg Quint