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Cabinet approves listing of 7 unlisted CPSEs on Stock Exchange

Posted on:01 Jan 2019 09:00:04
Cabinet approves listing of 7 unlisted CPSEs on Stock Exchange
01 January 2019 Current Affairs:

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi gave its approval to list seven Central Public Sector Enterprises (CPSE) on the Stock Exchange through Initial Public Offering (IPO) /Further Public Offer (FPO):
♦ Telecommunication Consultants (India) [TCIL];
♦ RailTel Corporation India;
♦ National Seed Corporation India (NSC);
♦ Tehri Hydro Development Corporation (THDC);
♦ Water & Power Consultancy Services (India) [WAPCOS Ltd.];
♦ FCI Aravali Gypsum and Minerals (India) [FAGMIL];
♦ Kudremukh Iron Ore Company (KIOCL).

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi gave its approval to list seven Central Public Sector Enterprises (CPSE) on the Stock Exchange through Initial Public Offering (IPO) /Further Public Offer (FPO):
♦ Telecommunication Consultants (India) [TCIL];
♦ RailTel Corporation India;
♦ National Seed Corporation India (NSC);
♦ Tehri Hydro Development Corporation (THDC);
♦ Water & Power Consultancy Services (India) [WAPCOS Ltd.];
♦ FCI Aravali Gypsum and Minerals (India) [FAGMIL];
♦ Kudremukh Iron Ore Company (KIOCL).


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