Commenting on the company’s initial public offer plans, Partha S Bhattacharyya, Chairman, Coal India, says, “We see a one-year timeframe for the IPO. It will primarily be from disinvestment of government stake.” For full story, click here
Indicating the Government’s will to go ahead with disinvestment, the Coal Ministry is working on a plan to disinvest 5-10 per cent stake in state-run Navratna company Coal India Ltd. This could pave the way for listing of the country’s leading producer of dry fuel. Minister of State for Coal, Shriprakash Jaiswal, stated: I have [...]
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