Govt starts process to cut stake in state-run cos

The government has kick-started the process of diluting its stake in state-run companies below 51% and has identified nearly a dozen firms for implementing the Budget announcement. Among the companies that may be taken up for disinvestment are IOC, NTPC, Power Grid, Oil India, GAIL, NALCO, BPCL and EIL, the sources said.

from Times of India https://timesofindia.indiatimes.com/business/india-business/govt-starts-process-to-cut-stake-in-state-run-firms/articleshow/70850551.cms