|
Sep 06, 2012, 09.39 AM IST
The government's plans to divest stake in PSUs is gathering pace. Stake sale in a whole host of companies are likely in the coming few days. About 15 PSUs are on the divestment list this year, but for now, MMTC and Neyveli Lignite are going to go for cabinet approval next week, reports CNBC-TV18.
The government's plans to divest stake in PSUs is gathering pace. Stake sale in a whole host of companies are likely in the coming few days. About 15 PSUs are on the divestment list this year, but for now, MMTC and Neyveli Lignite are going to go for cabinet approval next week, reports CNBC-TV18.
The government is planning to divest 9.33% stake in MMTC, but only 5% stake in Neyveli Lignite as there are trade union issues. It is looking at a special allotment of shares for employees. This has got both the stock excited with MMTC gaining 4.17% at Rs 768.920, while NLC is up 2.79% at Rs 79.25.
Related News |
Action in MMTC Ltd
 From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'  The latest earning numbers FIRST on CNBC-TV18
News Videos
|
