Govt to raise public holding in PSUs to 10%
NDTV Correspondent Thursday, November 05, 2009 (New Delhi) The government on Thursday said that 51 per cent of equity for all PSUs would remain with the government and 10 per cent of equity for all listed PSUs must be held with public. Addressing the media, home minister P Chidambaram said that all profit-making unlisted PSU companies should also be listed. The government also said that the National Investment Fund (NIF) would hold all proceeds from disinvestment and these proceeds would be used for social sector capital expenditure. http://profit.ndtv.com/2009/11/05134009/Govt-to-raise-public-holding-i.html ------------------------ Quickgainz ------------------------