LIC IPO Current Affairs, GK & News

Sale of Hindustan Zinc stake

The Union Cabinet Committee on Economic Affairs (CCEA) has approved the sale of the government’s remaining stake of 29.5% in Hindustan Zinc Limited (HZL). At the current market price, the sale of the government’s 29.5% stake will fetch the government Rs 38,062 crore. Why government is selling its stake in Hindustan Zinc? The sale of ..

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