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Wednesday, June 9, 2010

IOC not on sell-off list: Finmin official

State-run oil marketing company Indian Oil Corp is currently not on the list of firms in which the government will sell stake, Disinvestment Secretary Sumit Bose said on Wednesday.

The government has set a target of about $8.5 bn from stake sales in state-run companies in the fiscal year that ends March 2011.

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