Push to privatisation: Strategic sale in 5 PSUs

In a bold privatisation move, the government on Wednesday approved strategic stake sale in five PSUs, including fuel retailer Bharat Petroleum Corp (BPCL) and Shipping Corporation of India, power companies THDCIL and Neepco and logistics firm Concor, a move which will help raise up to Rs 85,000 crore in revenue from just the sale in the three listed entities.

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