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BUZZ-India's Container Corp falls; govt to sell 5 pct stake
March 9, 2016 / 4:07 AM / in 2 years

BUZZ-India's Container Corp falls; govt to sell 5 pct stake

** State-run Container Corp falls nearly 3 pct

** Government plans to sell a 5 pct stake in logistics company to raise about $170 mln

** Sale at floor price of 1195 rupees, which is at a 2 pct discount to Tuesday’s close

** Govt last month raised about $730 million from a share sale in power producer NTPC (RM: aastha.agnihotri.thomsonreuters.com@reuters.net)

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