Currently, some 16 listed PSUs, excluding banks, are not meeting the MPS requirement of 25 percent. A blanket exemption was given to some PSUs from MPS till August 2024.
Coal India | BHEL | KEC International | Uttam Galva | GSFC | GTL | Lovable Lingerie | Redington India | PFC | Punj Lloyd | Suzlon Energy | Canara Bank | Oriental Bank of Commerce | Tata Motors | Karur Vysya Bank | Jayant Agro and SpiceJet are stocks, which are in the news today.
Idea Cellular | Reliance Communications | Glenmark Pharma | Timken India | Power Grid | State Trading Corporation | ITDC | Neyveli Lignite | Hero Motocorp | IOC | Ashok Leyland and Jet Airways are stocks, which are in the news today.
The government will sell its stake in three companies -- State Trading Corporation (STC), ITDC and Neyveli Lignite Corporation -- tomorrow to raise around Rs 380 crore.
The Cabinet Committee on Economic Affairs (CCEA) approved disinvestment of government stake in State Trading Corporation and ITDC. The deal would fetch the government, Rs 30 crore.
Mangalore Chemicals | Karnataka Bank | Apollo Tyres | L&T | Pioneer Distilleries | Kalindee Rail | Mahindra Lifespaces | STC | ITDC and HT Media are stocks, which are in the news today.
CNBC-TV18‘s Aakanksha Sethi reports that the government plans to kick-start its divestment drive in June with issues from NHPC and IOC.