Government Sells Entire Stake In Dredging Corp To Four State-Owned Ports

The sale of 73.44 percent holding in Dredging Corp will fetch the government Rs 1,050 crore.

Cargo Ships are docked at the Mumbai Port in India. (Photographer: Amit Bhargava/Bloomberg News)

The government sold its entire stake in Dredging Corporation of India Ltd. to a consortium of four state-owned ports as it rushes to meet its divestment target for the ongoing financial year.

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WRITTEN BY
Sajeet Manghat
Sajeet Kesav Manghat is Executive Editor at NDTV Profit. He is a graduate i... more
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