Dr Arun Shourie may be retained as Union commerce minister. A final decision on whether to delink industries from commerce and merge it with company affairs was yet to be taken, according to informed political circles.
If this is done, Dr Shourie would only be commerce minister and a new minister for industries and company affairs may be appointed.
It has already been reported that petroleum and natural gas minister Ram Naik, the third important player in the disinvestment drama, may also find himself in a new job.
While several factors are expected to shape the reshuffle scheduled for Wednesday, the shadow of the disinvestment controversy looms large in the musical chairs being played out in key economic ministries.