The government will divest 5 per cent stake in Container Corporation of India (Concor) through the offer for sale (OFS) route. The center has set the base price for the stake sale at Rs 1,195, which will help the government mop up around Rs 1,165 crore.
- Container Corporation of India Ltd. (CONCOR),is a Navratna Public sector undertaking under the Indian Ministry of Railways.
- Incorporated in March 1988 under the Companies Act, CONCOR commenced operations in November 1989 taking over an existing network of seven inland container depots (ICDs) from Indian Railways.
So lets do:
- Who is the chairman of Container Corporation of India Ltd. (CONCOR)?
- Who is the Railway minister of India?