NEW DELHI, Sept 14 (Reuters) - India approved stake sales in
four state-run companies on Friday, restarting a stalled
divestment programme as part of a broader push to revive a
The cabinet approved stake sales in Hindustan Copper Ltd
, National Aluminium Co Ltd, trading firm
MMTC Ltd and explorer Oil India Ltd.
New Delhi aims to raise 300 billion rupees ($5.5 billion)
through share sales in state-run companies in the current fiscal
year that ends in March 2013, but has been unable to raise any
funds thus far because of weak market conditions.
(Reporting by Nigam Prusty; Editing by Tony Munroe)