Politics · India
India to Sell Stake in State-Owned Shipbuilder
The Indian government plans to sell a portion of its stake in Cochin Shipyard Limited through an Offer for Sale (OFS). Non-retail investors can bid on July 7, 2026, while retail investors will have the opportunity to participate on July 8, 2026. The divestment is part of the government's efforts to expand its maritime ecosystem. The OFS has been oversubscribed, with the government exercising its full green-shoe option.
How outlets across the spectrum covered it
Left 1 · Centre 3 · Right 0 n = 4
- Left (1): The Hindu
- Centre (3): Mint, The Times of India, The Tribune
- International (1): Reuters