Name the company in which at least 51% shares are kept by government.
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Explanation:
These type of companies are called government companies as 51% of the paid up share capital of the company is owned by a central government or a state government or jointly by both. Examples are central coalfield limited, Steel Authority of India Ltd, Bharat Sanchar Nigam Ltd.
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The company in which at least 51% shares are kept by government is a government company.
The rest of the shares can be owned by either individuals or private companies.
- Example of a Government Company is Steel Authority of India.
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