Investors said the floor price was too high for market conditions. HAL OFFER NOT IMMINENT Last week, Mittal told reporters he was looking at extending the offering time for shares of state-run firms beyond market hours so that more institutional investors from Europe and the United States could participate in the stake sales. On Saturday, Prime Minister Manmohan Singh said India will speed up the sales to revive the stock market and will push ahead with reforms aimed at spurring an investment recovery in the flagging economy. The ministry is also looking to offload stakes in Steel Authority of India Ltd, NALCO and Bharat Heavy Electricals Ltd. Mittal gave no timeline on these, but the business daily news report said they were likely to be part of the renewed push. However, he ruled out any immediate IPO for state-run aircraft maker Hindustan Aeronautics Ltd, while speaking to a news channel.