Govt likely to sell Axis Bank, ITC, L&T shares in ETF
The government is likely to sell part of the stakes it holds in Axis Bank , ITC and Larsen & Toubro through an exchange-traded fund this year
Mumbai/New Delhi: India’s government is likely to sell part of the stakes it holds in Axis Bank Ltd., ITC Ltd. and Larsen & Toubro Ltd. through an exchange-traded fund (ETF) this year, people familiar with the matter said. Shares of the three companies fell.
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