Reported By:| Edited By: |Source: Reuters |Updated: Mar 17, 2018, 05:52 AM IST
Share sales by the Indian government in state run firms Manganese Ore India Ltd (MOIL) and Shipping Corp are likely to hit the market by end-November, while an offer by Hindustan Copper is likely in December, disinvestment secretary Sumit Bose said.
The share sales are part of a broader government plan to sell stakes in about 60 Indian state-run firms, as India targets cutting its fiscal deficit and boosting spending on welfare programmes.