India to decide on Maruti sale price in May

Newswire

NEW DELHI, April 27 (Reuters) - The Indian government hopes to decide a floor price for selling its remaining 10.27 percent stake in the country's largest car maker Maruti Udyog Ltd. soon, an official said on Friday. "It is likely to finalised by May," the official, who did not wish to be identified, told reporters after a meeting with finance ministry colleagues. Another official said the government preferred a premium over the market price and had asked its advisers to set the price ...

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