News X: Equity Sale in Coal India
- 5 years ago
News X: An Inter-ministerial Group (IMG), has approved 10 per cent equity sale in Coal India which is expected to fetch over Rs 17,000 crore to the government.
At present, the government holds 90 per cent stake in Coal India Ltd (CIL).
"Yesterday, the IMG meeting took place to chalk out the process. The panel has given its nod for the government's 10 per cent stake in CIL," an official told.
At present, the government holds 90 per cent stake in Coal India Ltd (CIL).
"Yesterday, the IMG meeting took place to chalk out the process. The panel has given its nod for the government's 10 per cent stake in CIL," an official told.