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India plans tough annual targets for state-run firms to boost valuations: Report Top Searches This story is from December 21, 2020 India plans tough annual targets for state-run firms to boost valuations: Report Reuters / Dec 21, 2020, 08:27 IST FacebookTwitterLinkedinEMail (Representative image) NEW DELHI: India plans to set tough financial targets for state-run firms to try to improve their valuations ahead of a push by Prime Minister Narendra Modi to privatize some companies, according to a draft government document and sources. The government, which is trying to rein in its fiscal defic...

India plans tough annual targets for state firms to boost valuations: Sources The government, which is trying to rein in its fiscal deficit, wants state-run firms to focus on improving market capitalisation and dividend payouts from the 2021/22 fiscal year, starting April, as well as ramping up the sale of non-core assets, the sources said. Reuters December 21, 2020 / 08:47 AM IST India plans to set tough financial targets for state-run firms to try to improve their valuations ahead of a push by Prime Minister Narendra Modi to privatize some com...