FinanceIndia accelerates drive to offload company stakes in rush for cash
Analysts say government will meet key fundraising target despite headwinds
India's government wants to sell off company stakes to raise money for infrastructure. (Source photos by AP; screenshots from Hindustan Zinc, IDBI Bank and Ferro Scrap Nigam websites)
KIRAN SHARMA, Nikkei staff writer
NEW DELHI -- The Indian government's push to raise cash by selling off stakes in state-run companies ranging from a life insurer to a steelmaker is picking up pace despite growing economic turbulence around the world following Russia's invasion of Ukraine.