Edition:
India

India expects 150 bln rupees from Air India sale; may cut stake in other state-run firms


Monday, 8 Jul 2019 

July 8 (Reuters) - :INDIAN GOVERNMENT LIKELY TO RAISE 400 BILLION RUPEES FROM ETFS IN 2019/20 -SOURCE.INDIAN GOVERNMENT LIKELY TO SELL UP TO 5% STAKE IN ONGC, COAL INDIA IN 2019/20 - SOURCE.INDIAN GOVERNMENT LIKELY TO SELL 10% STAKE EACH IN GENERAL INSURANCE CORPORATION OF INDIA <<>>, NEW INDIA ASSURANCE <<>> - SOURCE.INDIAN GOVERNMENT MAY LOOK TO REDUCE ITS STAKE BELOW 51% IN SOME STATE-OWNED COMPANIES VIA EXISTING ETFS - SOURCE.INDIA GOVERNMENT WILL ATTEMPT TO REDUCE ITS STAKE TO MINIMUM SHAREHOLDING GUIDELINES IN PSUS IN 2019/20 - SOURCE.INDIAN GOVERNMENT EXPECTS 150 BILLION RUPEES FROM SALE OF AIR INDIA <<>> - SOURCE.INDIAN GOVERNMENT WILL ALSO LOOK TO RAISE DIVESTMENT FUNDS FROM ASSET MONETISATION OF VARIOUS PSUS - SOURCE.INDIAN GOVERNMENT LIKELY TO RAISE AROUND 300 BILLION FROM PRIVATISATION IN 2019/20- SOURCE.