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Govt To Lower Stake In Sci To 26 Per Cent

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BUSINESS STANDARD

The government will bring down its stake in Shipping Corporation of India (SCI) to 26 per cent, from the current level of 80 per cent.

It will also hive off the minor lines and certain divisions of the company like containers, before disinvestment via the initial public offer (IPO) route.

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First Published: Jun 08 2001 | 12:00 AM IST

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