PM asks Ministries to work out stake sale plan in BHEL,CIL

Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHELBSE 0.31 % and Coal India, including dividend payment, so as to achieve Rs 40,000 crore target in the current fiscal. "BHEL, Coal IndiaBSE -0.57 % have been asked to come back with various options. These options are buyback, dividend payments, disinvestment," Finance Minister P Chidambaram said after high-level meeting convened by Singh on disinvestment. more at: http://economictimes.indiatimes.com/news/economy/policy/pm-asks-ministries-to-work-out-stake-sale-plan-in-bhelcil/articleshow/26798060.cms