Citigroup says it owns 2.1% stake in VSNL
Business Standard: Citi group clarified it doesn’t hold 4.2 % stake in VSNL (NYSE: VSL) which was announced in many major newspapers and business channels but it holds 2.1 % in this TATA group company. Currently, Tata group owns 44.25% stake in VSNL and the government of India owns 26% while institutional investors hold 19.14% and others including the public hold 9.58%.
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