Indian government offloads stakes in metal companies

Sep 19, 2012 | 04:56 PM | None

Tags  National Aluminium, Nalco, disinvestment, Hindustan Copper, Metals and Minerals Trading Corporation of India, Oil India, India

MUMBAI, India — The Indian government is offloading stakes in metal companies in an effort to pump revenue into its slowing economy.

Among the companies affected are Hindustan Copper Ltd. (HCL), Metals and Minerals Trading Corp. of India Ltd. (MMTC) and National Aluminium Co. Ltd. (Nalco).....

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