The government is likely to invite the financial bids for divestment of ICVL, in the last week of February.
A new government has taken office in Australia, which has said it will review its predecessor's controversial proposal for a 40 per cent super-profit tax on mining revenues.
India is looking at buying coal mines in Australia through two state-owned entities in a bid to bridge the domestic coal supply-demand shortfall, a top government official said on Monday.
Companies write off investments, shed assets as initial projections go haywire
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