UPDATE 1-India to sell BHEL, Maruti stakes next fiscal year

Newswire

(Adds details, background) NEW DELHI, Jan 25 (Reuters) - The Indian government plans to sell stakes in engineering firm Bharat Heavy Electricals Ltd. and car maker Maruti Udyog Ltd. in the next financial year, instead of this year as previously planned. "We hope to get a better price next year since BHEL is expected to have a better profit," Heavy Industries Minister Santosh Mohan Dev told reporters on Tuesday, adding that options for the BHEL stake included a public sale of shares. ...

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