Day: December 23, 2023

Government plans stake sale in Indian Railways’ funding arm, say sourcesGovernment plans stake sale in Indian Railways’ funding arm, say sources

The government is considering selling some of its stake in the state-owned Indian Railway Finance Corp (IRFC) as it aims to meet its divestment targets for the year, two government officials told Reuters on Wednesday. The government owns a little over 86% of the Indian Railways’ funding arm. “The stake sale would take place soon,” […]