Mumbai, April 7 (IANS) The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, in a bid to transform the state’s energy landscape, has approved the financial restructuring and bifurcation of the Maharashtra State Electricity Distribution Company Limited. The move marks a strategic shift toward specialised service delivery, paving the way for Initial Public Offerings. The company is a state-run power distribution entity with a consumer base of over 3.5 crore.Under the approved pla…
Latest Initial Public Offerings News & Updates
Mumbai, March 19 (IANS) India’s stock market has become an attractive destination for foreign investors after the recent correction, a senior official of the market regulator said, highlighting fresh opportunities for global players, including those from Russia.Kamlesh Chandra Varshney, whole-time member of the Securities and Exchange Board of India, said valuations in the Indian equity market now look “quite attractive” following a decline over the past few months.“The correction, which…