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25% shares in all listed companies to be public owned: Govt

Posted on: August 21st 2009 in Stock News.

NEW DELHI: The finance minister has put his seal of approval on a proposal that could willy-nilly lead to disinvestment in many of India’s biggest listed public sector companies starting as early as April 2010. Pranab Mukherjee has okayed a plan that will make it compulsory for at leas…

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