Thursday, September 24, 2009

Govt considering 10-15% stake sale in Engineers India

Engineers India Ltd said on Thursday the central government is considering a stake sale of up to 15 per cent in the state-run firm.

The federal government owns around 90 per cent of the engineering and consultancy firm.

"10-15 per cent is what everybody is talking about," Chairman Mukesh Rohatgi told reporters

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