"The process is moving swiftly. Financial bids should be called for by next month; there are many parties that are interested," a senior official said, asking not to be named.
The government is expecting an equity value of about ₹6,000 crore from the strategic sale, which will see management control transferred to the winning bidder.
Vedanta Resources, Safe Sea Services, JM Baxi and Megha Engineering didn't respond to queries as of Friday evening. Queries to the finance ministry also did not elicit a response.
Denne historien er fra April 15, 2023-utgaven av Mint Mumbai.
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Denne historien er fra April 15, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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