Government to list rail PSUs IRCTC, IRFC

Two railway PSUs — Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) — will be listed over the next few months. sale of two crore shares, which will reduce the Centre’s equity by around 12%. IRCTC has filed a draft prospectus for sale of two crore shares, which will reduce the Centre’s equity by around 12%.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Zh7u8D
via IFTTT