After REC, PFC, It's BHEL's Turn for Divestment: Sources

In what can be seen as a major reform signal from the government and an attempt to generate more funds for infrastructure development and social sector schemes, a stake sale in Bharat Heavy Electricals Limited (BHEL) is on the anvil. Sources in finance ministry have told NDTV that a 5 per cent stake sale in BHEL is likely to be the next offer for sale (OFS) from the divestment department. At the current market price, the government ...