The Government on Monday said it will sell its residual 10.27 per cent stake in car maker Maruti next fiscal.
"The Government has decided to do it in the next (financial) year,'' the Finance Minister, Mr P Chidambaram told reporters here. Sources attributed the decision to uncertain stock markets.
"The financial bids for the government's remaining shares in Maruti will be invited next year,'' the sources said. They, however, said the disinvestment process would be completed in the first half of 2007-08 itself.
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