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03 Jul 2016

PSU stake sale: Government to prioritize companies for strategic disinvestment on July 5

An inter-ministerial meeting of secretaries, on July 5, is likely to shortlist the loss-making and sick government companies for stake sale or closure, from the list of companies NITI Aayog submitted to the Prime Minister's Office in June.

09 Oct 2014

Govt notifies 25% minimum public holding norms for listed PSUs

Paving way for sale of PSU shares worth an estimated Rs 60,000 crore over three years, the government has notified rules for minimum 25 percent public shareholding in listed state-owned firms.

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