The government's planned sale of stakes in Indian Oil and other state companies including Coal India is critical to relieving pressure on public finances that could put the country's investment-grade credit rating at risk.
#WhyNow#coal india#IOC#stake sale#roadshows
The government has deferred a decision to sell its 9.33 per cent stake in MMTC till July as it is awaiting the state-run trading firm's audited earnings for the 2012-13 fiscal for deriving the true value of its equity. #ToWhatEffect#stake sale#MMTC#Divestment plan
A German bank that once held a major stake in Formula One on Friday rejected Bernie Ecclestone's offer of a 25 million euro ($33 million) settlement in a dispute over the sale of that stake... #Bernie Ecclestone#Formula One#Munich