Financial Daily
from THE HINDU group of publications
Saturday, June 24, 2000
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Financial Daily from THE HINDU group of publications Saturday, June 24, 2000 |
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Hasten sell-off process: FICCI
Our Bureau
NEW DELHI, June 23
THE Federation of Indian Chambers of Commerce and Industry (FICCI), while welcoming the `in-principle' approval accorded
by the Cabinet Committee on Disinvestment (CCD) for disinvestment of Government equity in 11 PSUs, sought speedy implementation of the proposals.
The chamber, however, said in a statement that Government should divest its stake, at the earliest, in blue-chip companies such as Maruti, VSNL and MTNL when these companies still have a "predominant" share of the market.
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