SAIL & ONGC

Twin targets

Print edition : October 31, 2014

The Vedanta office building in Mumbai. According to CITU leder Tapan Sen, the 2010 Cairn India-Vedanta deal in Rajasthan smacked of corruption. He alleged that favourable circumstances were crreated for Vedanta to buy Cairn India's stake in the Mangala oil rig in Rajasthan. Photo: DANISH SIDDIQUI/REUTERS

Two of India’s biggest public sector companies, SAIL and ONGC, are on the disinvestment block at prices that raise doubts about the timing and the intent of the government.

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