The Finance Ministry will prepare a Cabinet note on framework of the Exchange Traded Fund for state-owned companies with a view to attract investment and also promote government's disinvestment......
In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month. IMAGE: Results for India's general elections on a screen inside the Bombay Stock......
In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of......
ETFs function like a mutual fund scheme and have underlying assets of government-owned companies. Illustration: Dominic Xavier/Rediff.com The finance ministry is planning to launch an exchange......
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer......