Govt approves sale of Coal India stake, seeks $3 billion

Name: Govt approves sale of Coal India stake, seeks $3 billion
Uploaded: 2018-02-16T16:15:53+00:00
Duration: 50 s
Channel: Mint
Description: India’s cabinet has cleared the sale of another 10% stake in state-run Coal India Ltd that could raise as much as $3 billion, a minister said on Wednesday, as the government seeks more funds to spend on infrastructure.

Mint

India’s cabinet has cleared the sale of another 10% stake in state-run Coal India Ltd that could raise as much as $3 billion, a minister said on Wednesday, as the government seeks more funds to spend on infrastructure.

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