{"id":538664,"date":"2022-11-26T12:32:53","date_gmt":"2022-11-26T07:02:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=538664"},"modified":"2022-11-26T12:32:53","modified_gmt":"2022-11-26T07:02:53","slug":"coal-india-stake-sale-in-offing-govt-may-sell-5-10-equity-in-cil-hindustan-zinc-other-psus-via-ofs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-stake-sale-in-offing-govt-may-sell-5-10-equity-in-cil-hindustan-zinc-other-psus-via-ofs\/","title":{"rendered":"Coal India stake sale in offing: Govt may sell 5-10% equity in CIL, Hindustan Zinc, other PSUs via OFS"},"content":{"rendered":"<p>India plans to sell small stakes in state-run firms including the world\u2019s biggest coal miner Coal India Ltd and Asia\u2019s largest zinc producer Hindustan Zinc Ltd, to ride a stock market boom and boost revenue in the final quarter of the financial year, according to people familiar with the matter. The government is looking to sell 5%-10% in Coal India Ltd., Hindustan Zinc Ltd., Rashtriya Chemicals and Fertilizers Ltd. via the so-called offer-for-sale mechanism, the people said, asking not to be identified as the details aren\u2019t yet public. In all, five firms could be chosen, including a listed entity under the railway ministry, they added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India plans to sell small stakes in state-run firms including the world\u2019s biggest coal miner Coal India Ltd and Asia\u2019s largest zinc producer Hindustan Zinc Ltd, to ride a stock market boom and boost revenue in the final quarter of the financial year, according to people familiar with the matter. The government is looking to sell 5%-10% in Coal India Ltd., Hindustan Zinc Ltd., Rashtriya Chemicals and Fertilizers Ltd. via the so-called offer-for-sale mechanism, the people said, asking not to be identified as the details aren\u2019t yet public. In all, five firms could be chosen, including a listed entity under [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[198,130,138],"tags":[],"class_list":["post-538664","post","type-post","status-publish","format-standard","hentry","category-coal-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=538664"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/538664\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=538664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=538664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=538664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}