Which company acquired a majority stake in this online store?
Q17. Consider the following statements:
1. A majority disinvestment is one such that, at the end of it, the government retains a majority stake in the company, typically greater than 51%, thus ensuring management control.
2. A minority disinvestment is one in which the government, post disinvestment, retains a minority stake in the company i.e. it sells off a majority stake.
Which of the above statements are correct?