Saturday, June 20, 2009

Government to consider stake sale in BHEL

India's minister for heavy industries, Vilasrao Deshmukh, said on Friday that Government would "positively" consider selling stake in state-run engineering firm Bharat Heavy Electrical Ltd. Deshmukh further informed that his department would support the disinvestment policy of the government to raise funds needed to expand operations at home and globally.

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