Journalism of Courage
Advertisement
Premium

Cabinet OK’s Power Grid share sale

Share sale in the state-run power transmission utility Power Grid Corp has...

The disinvestment agenda of the Congress-led UPA government is alive and ticking. India’s Cabinet approved share sale in the state-run power transmission utility Power Grid Corp on Thursday,a government spokeswoman said.

The Indian government plans to raise roughly $8.5 billion from share sales in state-run firms in the current fiscal year that ends in March 2011.

($147.3 rupees)

Tags:
  • Power Grid Corp
Edition
Install the Express App for
a better experience
Featured
Trending Topics
News
Multimedia
Follow Us
Express InvestigationAfter tax havens, dirty money finds a new home: Cryptocurrency
X