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This Article is From Jul 03, 2015

Government Seeks Legal Advisers to sell Oil India, Engineers India Stakes

Finance Minister Arun Jaitley has set a target of raising about Rs 69,500 crore by selling shares in state-run companies and minority holdings in private companies this fiscal year.

Government Seeks Legal Advisers to sell Oil India, Engineers India Stakes
The government has invited bids to engage legal advisers for the sale of 10 percent minority stakes in Oil India Ltd and Engineers India Ltd, the government said in a statement on Friday.

Finance Minister Arun Jaitley has set a target of raising about Rs 69,500 crore by selling shares in state-run companies and minority holdings in private companies this fiscal year.
© Thomson Reuters 2015

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