New Delhi, Oct 28: The government has postponed plans to privatise Shipping Corporation of India and Hindustan Copper Ltd due to petitions in various courts opposing their sale, the disinvestment minister said on Monday. "We believe in companies like Hindustan Copper and Shipping Corporation cases have been filed and I believe these reimpose the impression of uncertainty of investing in India ," Arun Shourie told reporters.
"So the best option is to get all these things clarified in the court before going ahead. In cases of SCI, all things have been postponed indefinitely." Bureau Report