Govt to divest 3.5% stake in NHPC; PSU stock falls 6%
The government will sell over 25 crore shares in NHPC (with a green shoe option to sell 10 crore more) to raise around ₹2,300 crore.
The government will sell over 25 crore shares in NHPC (with a green shoe option to sell 10 crore more) to raise around ₹2,300 crore.
Life Insurance Corporation of India is expected to file its draft red herring prospectus (DRHP) today, clearing the deck for the country’s biggest IPO.