Now, PSUs too can buy back shares


The Government has decided to allow public sector companies buy back their shares like any private company. Such a move would help the Government meet its disinvestment target. The Cabinet Committee on Economic Affairs on Thursday approved a proposal to enable the Department of Disinvestment “respond to normal practices in the corporate world if proposed by a Central Public Sector Undertakings.”
http://www.thehindubusinessline.com/industry-and-economy/government-and-policy/article2951126.ece?homepage=true

 

.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s