The government raises around Rs 1,350 crore from the 5.36% stake sale in Rail Vikas Nigam Ltd (RVNL) through a two-day offer for sale (OFS).With the completion of the OFS, the public shareholding in RVNL would rise to a little over 27% from 21.8%, meeting the market regulator’s Minimum Public Shareholding (MPS) norm of 25% for listed firms. Subsequent to the OFS, the government will also sell a 0.5% stake in the company to eligible employees. This would fetch another Rs 126 crore to the Centre.
Which country's National Assembly has appointed the country's top security official To Lam as its new President?
Which country hosted the 3rd Summit for Democracy?
In which country did the Indian High Commission host the national Davis Cup team, marking their first visit in 60 years?
Which state initiated offering medical education in Hindi on Hindi Diwas Day 2024?
Which Indian state launched the 'Nandini Ksheera Bhagya' scheme for free milk distribution to school children?
The Insolvency and Bankruptcy Code (IBC) was enacted in which year?
Who has recently unveiled its ambitious plan to build the first lunar railway system?
India recently handed over what amount to BIMSTEC Secretariat’s operational budget?
Which country has recently officially declared Pokhara as the 'Tourism Capital' of the country?
Which city serves as the capital of Tajikistan, known for its Pamir Mountains and ancient Silk Road cities ?
