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Hydropower mega-merger of NHPC, two others put on hold

The plan was to bring together the diverse experience of NHPC, THDC and Neepco to boost hydropower and provide uninterrupted electricity when solar power is unavailable ....

Rajeev Kumar Vishnoi , Dipam Department Of Investment , India Ltd , Eastern Electric Power Corp , Ltd Neepco , North Eastern Electric Power , Public Asset Management , Prime Minister , Thdc India , Rk Singh ,

LIC may need 5 yrs more beyond 2027 to comply with public float norms

By Shrimi Choudhary Life Insurance Corporation (LIC) may require at least five more years to comply with the minimum public shareholding of 25 per cent beyond the current exempted timeline of 2027. Formal communication in this regard had been shared recently with the finance ministry, underlining LIC’s roadmap, plans of further dilution of stake, current ....

Hong Kong , Shrimi Choudhary , Lok Sabha , Dipam Department Of Investment , Life Insurance Corporation , Department Of Economic Affairs , Exchange Board Of India , Insurance Corporation , Exchange Board , Economic Affairs , Public Asset Management ,

LIC may need 5 yrs more beyond 2027 to comply with public float norms

Life Insurance Corporation (LIC) may require at least five more years to comply with the minimum public shareholding of 25 per cent beyond the current exempted timeline of 2027.

Formal communication in this regard had been shared recently with the finance ministry, underlining LIC s roadmap, plans of further dilution of stake, current norms around public float, and challenges ahead, a government source familiar with the matter said.

Going forward, we will have to take a call, along with Sebi (Securities and Exchange Board of India) and the Department of Economic Affairs on the roadmap for minimum public shareholding (MPS). ....

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