Reliance's Jio, Gortune pre-qualify for Sri Lanka Telecom stake bid: Report
This is a part of Sri Lanka's efforts to reduce government stake in state-owned firms under the $2.9 billion International Monetary Fund (IMF) programme
 "Telecom Bill")
Illustration: Binay Sinha
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The Sri Lankan government said on Wednesday it has pre-qualified Jio Platforms, a unit of India's Reliance Industries Ltd, and Gortune International Investment Holding to bid for stakes in Sri Lanka Telecom.
This is a part of Sri Lanka's efforts to reduce government stake in state-owned firms under the $2.9 billion International Monetary Fund (IMF) programme.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Jan 31 2024 | 12:18 PM IST