business

First Leasing dismisses 'speculative' rumours of stake sale

First Leasing has been buzzing around in the market on rumours of a stake sale. Buzz has it that the company is all set to sell 21% in First Leasing to companies like Temasek and Tata Chemicals. However, company chairman AC Muthiah tells CNBC-TV18 that the news of such stake sale is ‘speculative rumours’.

first published: Jun 14, 2011 11:27 am