Strategic partners may up stake to 51% via off-market deals
Enthused by the success of the Maruti IPO, the government today decided to offload its residual stake in Videsh Sanchar Nigam Ltd, CMC Ltd, Balco, IBP and IPCL in the open market through the book-building route.
Briefing the media after the cabinet committee on disinvestment (CCD) meeting, Disinvestment Minister Arun Shourie said the decision would call for an amendment to the shareholders
