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Govt will sell up to 10% in state firms now: Pranab Mukherjee

Published: Tuesday, Dec 1, 2009, 18:40 IST
Place: New Delhi | Agency: Reuters

The government will not sell more than 10% stake in listed state-run firms "at this stage," finance minister Pranab Mukherjee told parliament on Tuesday.

India had in November decided to cap its holdings in such firms at 90% and said would sell off shares in the firms where this limit was exceeded.

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