Govt appoints merchant bankers for IPOs of three rail PSUs

By Ankit Doshi

  • 02 May 2017
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Credit: Shah Junaid/VCCircle

The government has set the ball rolling for the listing of three subsidiaries of the Indian Railways by hiring merchant bankers to manage their share sale, two persons familiar with the development told VCCircle.The government is looking to divest its stake in Indian Railway Catering and Tourism Corporation Ltd (IRCTC), ......

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