 "Govt to sell 10% stake in Hindustan Aeronautics")
The cabinet agreed to sell a 10 percent stake in state-owned aircraft maker Hindustan Aeronautics Ltd (HAL), a senior minister said on Thursday.
[caption id=“attachment_519159” align=“alignleft” width=“380”]  Reuters[/caption]
Science and Technology Minister, Jaipal Reddy, did not clarify on the timeline of the divestment or on the price the government expects to receive on the stake sale.
The government plans to sell stakes in 15 state-run firms by the end of March next year and looks to raise Rs 30,000 crore from the sales to help plug a yawning gap in the fiscal budget.
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