Government signals more PSU stake sales after Hindustan Copper OFS: Report
New Delhi, Aug. 25 -- The government's disinvestment drive is likely to remain active in the coming months, following a series of stake sales in state-owned companies, including the recent offer for sale (OFS) in Hindustan Copper.
The Centre has set a disinvestment target of Rs.80,000 crore for FY27 and has already mobilised around Rs.52,000 crore through various transactions, including the LIC OFS and the latest stake sale in Hindustan Copper, according to an NDTV Profit report.
DIPAM Secretary Arunish Chawla told NDTV Profit that the government remains confident of achieving its FY27 target, while adding that the focus is not solely on meeting numerical targets.
"We are working hard and we will achieve the target, and we will continu...
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