Tag: 25 per cent of the offer would be alloted to mututal funds and insurance companies. REC would be the first PSU to hit the market in the current fiscal. The government has budgeted to raise Rs 41

GOVERNMENT TO MOP UP APPROX. RS. 1600 CRORE ON WEDNESDAY BY DISINVESTING 5% STAKE IN REC
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GOVERNMENT TO MOP UP APPROX. RS. 1600 CRORE ON WEDNESDAY BY DISINVESTING 5% STAKE IN REC

Government will sell 5 per cent stake in Rural Elctrification Corporation  on April 8 to mop up close to Rs 1,600 crore, marking the first disinvestment…

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