India’s Future | Bharath Mala | PSU Bank Recapitalisation

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Ramesh Sigamani

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Budget 2019 – More public ownership of listed companies

In the Budget 2018-19, FM, Nirmala Sitaraman announced a very profound decision. To increase public holdings in listed companies to 35% from the existing 25%. After this announcement, market turned down due to fears that many corporates will now be forced to offload promoter stake to meet the requirements....

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