Rail Vikas Nigam, BHEL, Oil India, and MOIL were fined by over Rs 10 lakh by the exchanges. The companies have clarified to the exchanges that the power to appoint independent directors rests with the government as they are state-owned firms.
The shares of two rail stocks, namely RailTel and Rail Vikas Nigam went up on Tuesday. According to BSE, the shares of RailTel were trading with a surge of 6.59