To sell a five per cent stake in its Coal India (CIL) mining company, the Union government will hold roadshows in three countries-Singapore, Hong Kong, Australia next week. The government has held roadshows in five nations, including Germany and the UK for the purpose.
The roadshows will go on for a week. The Department of Disinvestment (DoD) had originally planned to sell a 10 per cent stake in State-owned CIL, but faced strong opposition from employees unions as they threatened to go on strike.