Divestment not on the basis of profit or loss: Government
The Modi government has given in-principle approval for disinvestment of about 28 central public sector enterprises (CPSEs) which include profit-making companies like fuel refiner and retailer BPCL and Container Corporation of India Ltd (CONCOR).
As per the disinvestment plan, the government has decided to sell majority stake along with management control in various companies, Photo: Reuters