Moneycontrol PRO

business

Govt mulls buyback as weak mkt hits PSU divestment plans

The government currently is considering buyback options instead of divestment as current market conditions force them to do so. Coal India has given its nod for the same, while an approval from other companies is awaited, reports CNBC-TV18's Aakansha Sethi.

first published: Aug 30, 2013 09:21 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347