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Coal India Helps PM Modi Break Divestment Record

The Modi government has budgeted to raise nearly Rs 58,425 crore via divestment this fiscal.
The Modi government has budgeted to raise nearly Rs 58,425 crore via divestment this fiscal.
After the successful Coal India share sale, the Narendra Modi government has set a new record for highest-ever divestment proceeds in a year. And now the government is aiming even higher. The 10 per cent share sale in Coal India will fetch the government Rs 22,557.63 crore. In biggest share sale ever, the government put on offer 63.16 crore shares of Coal India. The offer was oversubscribed, with investors bidding for 67.52 cror...
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