Govt’s stake sale in REC to PFC more about fiscal math than operational synergies

Govt’s stake sale in REC to PFC more about fiscal math than operational synergies

Govt’s stake sale in REC to PFC more about fiscal math than operational synergies In a similar deal last fiscal, GOI sold its 51 percent stake in HPCL to ONGC and managed to raise Rs 36,915 crore.