The Indian Government may delay selling its over 29% stake in Hindustan Zinc until there is a turnaround in the mining industry’s fortunes, according to unnamed officials cited by Reuters. The government had planned to sell a 5% stake in the business last financial year, but postponed the move as prices dropped after Vedanta, which owns a 64.9% stake in the business, announced it would purchase two of its zinc subsidiaries.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZYMqb7a
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