Business Standard

CCD meet to take up sale of residual stake

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S RavindranOur Bureaus Mumbai/New Delhi
 The government had earlier sold 26 per cent stake in VSNL and 51 per cent in CMC to the Tatas.

 Government officials said the Centre, buoyed by the Maruti IPO, was exploring the option of book-building to offload its residual stake, provided the strategic partners agreed to it. However, the Tatas have remained non-committal so far.

 

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First Published: Jul 10 2003 | 12:00 AM IST

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