20 AUGUST 2011indiainfoline
Govt mulling disinvestment in BHEL and NALCO: FM
Edited by : AL CIRCLE
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The Government plans to raise Rs. 400bn in FY12 through its disinvestment programme but hasn't been successful so far amid weak market conditions and dwindling FII inflows.
Proposals to sell some of Government stakes in public sector undertakings (PSU) BHEL and National Aluminium Co. Ltd. (NALCO) are at various stages of consideration before the Government approves them, Finance Minister Pranab Mukherjee said on Friday.
Proposals to sell some of Government stakes in public sector undertakings (PSU) BHEL and National Aluminium Co. Ltd. (NALCO) are at various stages of consideration before the Government approves them, Finance Minister Pranab Mukherjee said on Friday.
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