Disinvestment Department News
The Disinvestment Department will on Thursday shortlist five merchant bankers for managing the Rs 21,000 crore stake sale in Coal India Ltd.
"The disinvestment department has included 10 percent stake sale each in SJVNL and MOIL for disinvestment in current fiscal," a government official told PTI.
The disinvestment department will select one common law firm for advising on sale of five per cent stake each in PFC and REC, which could fetch around Rs 3,000 crore to the exchequer.
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