Business Standard

Residual PSU holding sale to be pursued

Image

Our Economy Bureau New Delhi
 Disinvestment minister Arun Shourie said work on privatisation of all public sector undertakings (PSU) had come to a standstill in the wake of the Supreme Court order on Hindustan Petroleum Corporation Ltd (HPCL) disinvestment, but the ministry was working on book-built offering of its residual stake in erstwhile PSUs like IBP, IPCL and CMC.

 Speaking to reporters on the sidelines of the India Economic Summit, organised by the Confederation of Indian Industry (CII) and the World Economic Forum, Shourie refused to comment on Supreme Court

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 26 2003 | 12:00 AM IST

Explore News