Govt to sell 5 pct stake in Bhel to LIC; may get Rs 2,046 crore

Feb 28 2014, 21:12 IST
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Bhel disinvestment will happen this fiscal through a block deal to LIC. Reuters Bhel disinvestment will happen this fiscal through a block deal to LIC. Reuters
SummaryBhel disinvestment will happen this fiscal through a block deal to LIC.

EGoM had cleared a 10 per cent stake sale in Indian Oil Corporation to ONGC and Oil India, which would fetch the exchequer about Rs 5,300 crore.

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