News Asia03 Feb 2017

India:Govt eyes US$1.6 bln from sale of stakes in state-owned general insurers

03 Feb 2017

The Indian government plans to raise INR11,000 crore (US$1.636 billion) from the sale of stakes in state-owned general insurance companies to meet its overall disinvestment target of INR72,500 crore in the next fiscal year starting on 1 April.

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