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Aircraft and industry. India ready to divest 10% of Hindustan Aeronautics Ltd

Delhi, India - The government plans to sell stakes in 15 state-run firms in the upcoming months

On Thursday 8 November 2012 thew Indian government agreed to divest a 10% stake in Hindustan Aeronautics Ltd, the state-run aerospace company, according to the declarations of Science and Technology minister Jaipal Reddy, who however has not clarified the timeline of the disinvestment or the price Delhi's government hopes to receive. For budget reasons, India is planning to sell stakes in fifteen...

AVIONEWS - World Aeronautical Press Agency - 1147109

AVIONEWS - World Aeronautical Press Agency
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