Govt plans to sell 10 pct stake in Hindustan Aeronautics

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Reuters NEW DELHI
Last Updated : Jul 25 2014 | 1:42 PM IST

NEW DELHI (Reuters) - The new government plans to sell a 10 percent stake in Hindustan Aeronautics Ltd this fiscal year ending March, Finance Minister Arun Jaitley said on Friday.

Jaitley also said the government would sell stakes in state-run companies such as Steel Authority of India Ltd and Rashtriya Ispat Nigam Ltd to bolster its finances.

(Reporting by Rajesh Kumar Singh; Editing by Subhranshu Sahu)

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First Published: Jul 25 2014 | 1:29 PM IST

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