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25 Mar
12:39

India sees capital benefit on RINL disinvestment

The Indian government expects Rashtriya Ispat Nigam's (RINL) capital and production capacity to increase on the company’s strategic disinvestment. The expectation sits on the back of technology advancement and better management practices post-privatisation of the mill, says the steel ministry. “This strategic disinvestment of the government of India’s equity in RINL would lead to an infusion of capital for optimum utilisation, expansion of ca…
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