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NACIL likely to divest 15% : Patel
Monday, October 08, 2007 economictimes.indiatimes.com
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Stock market
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National Aviation Company of India (Nacil), which is the recently created holding company for the national carriers Air India and Indian, is planning to offload 10-15% stake through an initial public offering (IPO) in 2008. The civil aviation minister Praful Patel said that the proceeds of the public offer woulf fund expansion and take on competition from private airlines.
Tags :
IPO
expansion
NACIL
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