Independent journal on economy and transport policy
23:05 GMT+2
Delhi mulls over reduction in its SCI stake
(Shipping Times)
February 10, 1999
By Rajendra Bajpai in New Delhi
THE Indian government is considering a proposal to reduce its equity in the Shipping Corporation of India (SCI), the country's largest shipping company, to 40 per cent from 80 per cent it holds now.
This will effectively make the government a minority shareholder and SCI will no longer be entitled to the government's support ...... Read more on Shipping Times
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