Five state-owned Indian companies to buy stakes from the Government

As a part of the current Indian government’s privatization plan, to generate revenues and win invite foreign investors to the country, five state-owned companies to buy stakes from the government.

The finance minister of India, Miss Nirmala Sitharaman, announced that the government stakes to be sold in one of the largest Indian oil companies, Bharat Petroleum, as well as India’s logistics business Container Corporation, I....