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Rs 10,000 crore worth 6th tranche of CPSE ETF to open on July 18

Wednesday, July 10, 2019, 5:22 PM

The government is planning to raise up to Rs 10,000 crore from the sixth tranche of CPSE ETF which would be launched on July 18, an official said. The CPSE Exchange Traded Fund (ETF) tracks shares of 11 Central Public Sector Enterprises (CPSEs) ONGC, NTPC, Coal India, IOC, Rural Electrification Corp, Power Finance Corp, Bharat Electronics, Oil India, NBCC India, NLC India and SJVN.
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ONGC share buyback to open from Jan 29-Feb 11

Tuesday, January 22, 2019, 7:08 AM

State-owned Oil and Natural Gas Corp's (ONGC) Rs 4,022 crore share buyback programme will open on January 29 and close on February 11, the company said in its offer letter to shareholders. ONGC's board had on December 20 approved buyback of 25.29 crore shares for Rs 159 apiece as part of the government plan to get cash-rich PSUs to part with their surplus.
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NTPC, three other PSUs included in CPSE ETF

Monday, November 12, 2018, 11:44 AM

The Finance Ministry has rejigged the CPSE Exchange Traded Fund (ETF) and has included in the basket the scrips of four State-owned companies NTPC, SJVN, NLC and NBCC, an official said. The Ministry has removed three of the existing companies GAIL, Engineers India Ltd. (EIL) and Container Corporation of India in the ETF basket and has replaced them with four new companies.

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