financetom
Business
financetom
/
Business
/
Government plans fourth tranche of CPSE ETF in early September
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Government plans fourth tranche of CPSE ETF in early September
Aug 1, 2018 7:03 AM

The government is likely to launch the fourth tranche of the CPSE Exchange Traded Fund (ETF) in early September and is aiming at an approximate Rs 10,000 crore mop up, sources privy to the developments told CNBC-TV18's Sapna Das.

The CPSE ETF comprises 10 state-owned bluechips and shares in these companies can be sold only till the government stake in them reaches 55 percent.

Moreover, four IPOs of Garden Reach, Mazgaon Dock, RVNL and IRCON are also on the government’s radar for FY19.

First Published:Aug 1, 2018 4:03 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TKO Miller Advises Craft Beverage Warehouse, LLC on its Sale to TricorBraun Holdings, Inc.
TKO Miller Advises Craft Beverage Warehouse, LLC on its Sale to TricorBraun Holdings, Inc.
Nov 5, 2025
MILWAUKEE, Nov. 5, 2025 /PRNewswire/ -- TKO Miller, a leading middle market investment bank, today announced that Craft Beverage Warehouse, LLC (CBW), a specialist provider of digital printing for a wide range of canned beverage companies, has been acquired by TricorBraun Holdings, Inc. (TricorBraun), a global packaging solutions company. TKO Miller initiated the transaction and acted as the exclusive investment banking advisor...
Westinghouse Air Brake Technologies Insider Sold Shares Worth $732,297, According to a Recent SEC Filing
Westinghouse Air Brake Technologies Insider Sold Shares Worth $732,297, According to a Recent SEC Filing
Nov 5, 2025
11:21 AM EST, 11/05/2025 (MT Newswires) -- Rafael Santana, Director, President and CEO, on November 03, 2025, sold 3,596 shares in Westinghouse Air Brake Technologies ( WAB ) for $732,297. Following the Form 4 filing with the SEC, Santana has control over a total of 127,739 common shares of the company, with 127,739 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/943452/000162828025049331/xslF345X05/wk-form4_1762359575.xml Price:...
Yum! Brands' Potential Sale of Pizza Hut Could Drive Shareholder Value, Oppenheimer Says
Yum! Brands' Potential Sale of Pizza Hut Could Drive Shareholder Value, Oppenheimer Says
Nov 5, 2025
11:24 AM EST, 11/05/2025 (MT Newswires) -- Yum! Brands' ( YUM ) potential sale of Pizza Hut would be accretive to shareholder value, Oppenheimer said in a Tuesday research report. The sale could drive pro forma unit growth to over 6%, eliminate a segment that has been a profit headwind and an overhang to the company valuation, as well as...
Teva Pharm profit tops estimates, says not worried by US tariffs
Teva Pharm profit tops estimates, says not worried by US tariffs
Nov 5, 2025
JERUSALEM, Nov 5 (Reuters) - Teva Pharmaceutical Industries is able to absorb any potential tariffs imposed by the Trump administration, the company said on Wednesday as it reported higher-than-expected third-quarter profit that was boosted by strong sales of its trio of branded drugs. Shares in the world's largest generic drugmaker jumped nearly 20% in New York trading to a new...
Copyright 2023-2026 - www.financetom.com All Rights Reserved