India approved stake sales in four state-run companies on Friday, restarting a stalled divestment programme as part of a broader push to revive a reform agenda.
The cabinet approved stake sales in Hindustan Copper Ltd
New Delhi aims to raise 300 billion rupees through share sales in state-run companies in the current fiscal year that ends in March 2013, but has been unable to raise any funds thus far because of weak market conditions.
