INDIAN GOVT RULES OUT DIVESTMENT OF HINDUSTAN ANTIBIOTICS LTD.
Publication: AsiaPulse News
Publication Date: 31-MAY-04
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NEW DELHI, May 31 Asia Pulse - Chemicals and Fertiliser Minister Ram Vilas Paswan has ruled out disinvestment of loss-making Hindustan Antibiotics Ltd saying the government would revive the ailing PSU.
The company required some Rs 700 million (US$15.4 million) to effect a turnaround of which Rs 400 million...
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