The decks maybe cleared for the government to auction its stakes in PSUs. Sebi's guidelines for the institutional placement programme is out, but the EGoM is set to meet on the matter tomorrow to decide the process of auction.
Aakansha Sethi of CNBC-TV18 reports that the attempt is sort of saving face, in the sense that they hope to get at least Rs 10000 crore from this disinvestment in this fiscal since they can
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