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Pranab's divestment roadmap: To use IPOs

NEW DELHI: Centre on Tuesday turned bold on disinvestment, declaring that it would soon shed government equity in PSUs which would also be allowed to float IPOs simultaneously to meet their fund requirements. The unambiguous statement by finance minister Pranab Mukherjee that government would ride piggyback on IPOs to shed a part of its stake in PSUs ends uncertainty triggered by the Budget's sile   read more »

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