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Published: Dec 29, 2021
Updated: Dec 29, 2021
With the Indian government planning to sell its assets worth Rs 6 trillion, all eyes are on which group will bag which asset. Speculation is rife that while the Tata group will be given Air India, Steel Authority of India and defence companies, Reliance will take home BSNL and MTNL, and even BPCL. The Adani group will buy Concor, Shipping Corporation of India and other defence establishments like shipyards and airports. The Jindal group will vie for mineral companies like NMDC, while some are expecting Baba Ramdev-owned Ruchi Soya to bid for FCI, etc.
While these are just speculations, the Vedanta group is also reportedly keen to bid for the NMDC-owned steel plant which has been demerged from the parent firm.
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