‘Seven PSUs to come out with IPOs’

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New Delhi, Dec 28: Seven PSUs will be listed in stock markets through the IPO route, said the government on Friday.
THDCIL, a company jointly owned by the central and Uttar Pradesh governments, and the Kudremukh Iron Ore Company, which was formerly known as KIOCL Ltd., are among the PSUs that will be listed.
The decision was taken at a cabinet meeting on Thursday and it will realise the “true value” of the PSUs, said Law Minister Ravi Shankar Prasad at a press conference in New Delhi.