Profit

Decision to dilute 10% stake taken, Govt to decide timing: SAIL chief

PUBLISHED ON: July 17, 2012 | Duration: 11 min, 53 sec

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In an exclusive interview to NDTV Profit, C.S. Verma, Chairman, Steel Authority of India (SAIL), said that a decision to divest a 10 per cent stake has been made and it is now up to the government to decide on the timing. He also said that SAIL has the cash and ability to raise funds for its large expansion programme.
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