Ministry of Railways Plans Stake Sales in Listed PSUs via OFS in FY27 to Achieve ₹2.62 Trillion Monetization Goal 1 hr ago
The Ministry of Railways plans to sell 5-10% stakes in six listed railway PSUs and 2-3% in another company through the offer-for-sale route in FY27. The divestment drive targets a monetization goal of ₹2.62 trillion. IRCTC, Ircon, and RITES are among the railway PSUs identified for stake sales. The OFS route will be used to reduce government shareholding in these listed entities via the stock exchange platform.
India's 10-Year Government Bond Yield Drops to 7.0429% From Prior Close of 7.0493% 1 hr ago
HDFC Mutual Fund Stops Offering Gold Silver Fund 1 hr ago
Indian Rupee Opens at 95.73 Against Dollar, Up From Previous Close of 95.70 1 hr ago
Higher Platinum Import Duty Expected to Drive Up Vehicle Prices Across Segments 1 hr ago