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Government slows down on CONCOR privatisation

According to Indian Railways officials, the sale has been stayed due to certain concerns by both Railways Ministry and also investors.
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Since the government holds 54.80% stake in the PSU, the chances of announcing an offer for sale are meagre. In November 2019, the Union Cabinet had approved the strategic sale of a 30.8% stake in CONCOR along with management control, but even the Express of Interest has not been invited so far.

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