March 11: Opposition from the unions could delay the telecom major BSNL’s disinvestment. Unions have threatened to go on a strike against the decision to hive off a stake
The government on Friday said it is expecting to raise about Rs 8,100 crore from the five per cent stake sale in power PSU NTPC through a Follow-on Public Offer (FPO).
Prime Minister Manmohan Singh on Sunday said India will open its doors further to foreign investment and invited entrepreneurs from across the globe to participate in a host of areas, including infrastructure sectors.
The government announced increasing people's holding in public sector undertakings through the disinvestment programme, but said it would retain at least 51 per cent of PSU control.