Jul 30, 2013, 05.59 PM IST
A five percent stake sale will fetch the government about USD 1.5 billion at current market price. Coal India's trade unions had earlier threatened to go on an indefinite strike if the government went ahead with the sale.
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CIL trade unions have agreed for 5% disinvestment: Minister
A five percent stake sale will fetch the government about USD 1.5 billion at current market price. Coal India's trade unions had earlier threatened to go on an indefinite strike if the government went ahead with the sale.
Like this story, share it with millions of investors on M3
CIL trade unions have agreed for 5% disinvestment: Minister
A five percent stake sale will fetch the government about USD 1.5 billion at current market price. Coal India's trade unions had earlier threatened to go on an indefinite strike if the government went ahead with the sale.
The Indian government has been keen to sell 10 percent stake in Coal India through a share auction to achieve its target of raising Rs 4000 crore through stake sales in the current fiscal year.
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A five percent stake sale will fetch the government about USD 1.5 billion at current market price.
Coal India's trade unions had earlier threatened to go on an indefinite strike if the government went ahead with the sale.
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