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Don’t miss the latest developments in business and finance.
GAIL's Rs 1,083 crore buyback offer kicks off: Should you tender shares?
The company has prescribed a buyback ratio of 2 shares for 25 equity shares for reserved category whereas 2 shares for 179 equity shares for general category.
State-run firms asked to buy back even when shares take a beating
Centre's move aimed at improving PSUs' stock performance
Investors should tender in case PSUs buyback shares, say analysts
While a share buyback is a positive development from a near-term perspective, analysts say the move is also a structural positive
NMDC, MOIL's Rs 8,400-crore buyback offers to open Sept 19
DIPAM has been asking cash-rich PSUs to utilise surplus cash in either capex or buy back
