India plans to sell stakes in at least five state-run firms by the end of the fiscal year in March 2010 following successful IPOs of two firms that raised $1.8 billion. Privatization had slowed down during the last decade but the present government, elected with a strong majority in May 2009, is showing signs of becoming less timid about such steps.
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India privatization resumes
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Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.
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