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Indian government approves SAIL plans to sell shares.

International Resource News-8 April 2010-Indian government approves SAIL plans to sell shares(C)2010 ENPublishing -

International Resource News - 08 April 2010(c)2005 - Electronic News Publishing -

The Indian government has approved plans for a share sale by India-based Steel Authority of India Limited (SAIL), according to Home Minister P Chidambaram.

The company is aiming to raise around INR160bn.

The firm is planning to sell small portions of its stake to fund social and infrastructure projects.

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Publication:International Resource News (IRN)
Date:Apr 8, 2010
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