NEW DELHI: Shares of Hindustan Zinc surged 7 per cent on Wednesday after media reports suggested the Cabinet has approved stake sale in the company. ET Now, citing sources, said the government will sell its entire stake in Hindustan Zinc. It holds 29.54 per cent of the zinc producer. The stake is valued at Rs […]
Supreme Court allows Centre to sell Hindustan Zinc stake, orders CBI probe in 2002 divestment
The Supreme Court (SC) has cleared the divestment in Hindustan Zinc Limited (HZL), CNBC-TV18 reported. HZL has stopped being a government company as a government, ordinary shareholders, has 29.5 percent of residung shares, SC added. The court added that the government has the right to make decisions about divestment share ownership, during the process of […]