Profit

Govt not to sell Balco's residual stake

PUBLISHED ON: July 3, 2006

   
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The government has decided it does not want to sell 49 per cent of Balco's residual stake to Anil Aggarwal of Vedanta Resources. NDTV has learnt the controversy might lead to a review of all residual stake sales in 11 PSUs and 19 hotels, among them, CMC and VSNL sold to the Tatas and IPCL sold to Reliance.
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