Government Plans Rashtriya Ispat Nigam IPO
25/07/2014 17:44
The new government is planning the initial public listing of the steel company, Rashtriya Ispat Nigam, and will sell a 10 per cent stake this fiscal year ending March, Finance Minister Arun Jaitley said on Friday, reported Reuters. The government is also planning to sell a 5 per cent stake in state-run Steel Authority of India this fiscal year to shore up its finances, said the media reports.
25/07/2014 17:44
The new government is planning the initial public listing of the steel company, Rashtriya Ispat Nigam, and will sell a 10 per cent stake this fiscal year ending March, Finance Minister Arun Jaitley said on Friday, reported Reuters. The government is also planning to sell a 5 per cent stake in state-run Steel Authority of India this fiscal year to shore up its finances, said the media reports.
