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Government sells Rs 1,150 crore worth enemy shares in Wipro

Updated : April 05, 2019 10:01 AM IST

Last November, the government approved a mechanism for sale of enemy shares in companies.
According to Enemy Property Act, 1968, "enemy property" refers to any property belonging to, held or managed on behalf of an enemy, an enemy subject or an enemy firm.
Government sells Rs 1,150 crore worth enemy shares in Wipro

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