India defers decision on engineering, car firm sales

Newswire

NEW DELHI, Jan 27 (Reuters) - The Indian government on Thursday deferred a decision on plans to sell a 10 percent stake in engineering firm Bharat Heavy Electricals Ltd and upto eight percent in carmaker Maruti Udyog Ltd. , a federal junior minister said. The communist parties, who lend crucial support to the federal coalition, have strongly opposed the decision to sell stakes in Maruti and BHEL. Dasari Narayan Rao told reporters the decision on the stake sales for the two firms had been ...

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