Monday 6 April 2015

Govt plans to explore strategic sale of subsidiaries: Reports

Report stated that the government may go for stake sale in some hotels and non-strategic firms.

The government is planning to explore strategic sale and listing of subsidiaries of firms to unlock value, according to reports.
Report stated that the government may go for stake sale in some hotels and non-strategic firms. 

At present, there are 121 subsidiaries of 169 CPSEs.

Finance minister Arun Jaitely had hinted that the government is going big on strategic sale.


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