Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
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EXCLUSIVE: Govt mulls stake sale in 3-4 PSUs via OFS in defence, railway, power sectors
Update / Judgement Date
09 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Corporate Law & GovernancePSU's AND Govt. Undertakings
The Indian government is considering a stake sale in 3-4 public sector undertakings (PSUs) through an Offer for Sale (OFS) in sectors such as defense, railways, and power. This strategic move aims to raise funds and enhance efficiency within these sectors. The potential stake sales are part of a broader disinvestment strategy to reduce government holdings and improve sectoral performance. The decision is expected to impact market dynamics, investor confidence, and the financial health of the involved PSUs.
