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India approves sale of state-owned dredging company - minister

India's Law and Telecoms Minister Ravi Shankar Prasad, pauses during a news conference in New Delhi June 17, 2014. REUTERS/Anindito Mukherjee/File Photo

NEW DELHI (Reuters) - India has approved the sale of its entire 73.44 percent stake in Dredging Corporation of India to a consortium of four ports, government minister Ravi Shankar Prasad said on Thursday.

Prasad also announced the government would lease out six airports across India in public-private partnership deals.


(Reporting by Alasdair Pal, editing by Mayank Bhardwaj)