Govt may go for French auction method for stake sale in select PSUs

Shishir Sinha Updated - October 19, 2011 at 03:50 PM.

The Government is considering French auction method for disinvestment in select public sector undertakings. On the other hand, decision on the timing of ONGC follow-on public offer is expected to be taken soon. Also, the Government is confident of achieving Rs 40,000 crore target for the current year.

Published on October 19, 2011 09:02