Free Press Journal
  • Govt sells 6.83% stake in Hind Copper, garners Rs 400 crore

    New Delhi : The government has disinvested 6.83 per cent stake in Hindustan Copper Ltd (HCL), which would fetch around Rs 400 crore to the exchequer. Through the two-day Offer for Sale (OFS) which ended Thursday, it had planned to sell 4 per cent in HCL, with an option to retain an over subscription of up to 4 per cent. “The Government of India has disinvested 6.83 per cent of paid up