Saturday, 3 August 2013


Stake sale in Neyveli, STC and ITDC fetches exchequer Rs 380 crore
The government raised R380 crore on Friday from stake sales in three public sector companies — Neyveli Lignite, India Tourism Development Corp (ITDC) and State Trading Corp (STC) — taking it closer to its R40,000-crore disinvestment target for the current fiscal. The Centre has sold stake in six companies so far this fiscal and has raised about R1,300 crore.

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