Briefs

Govt To Sell 20% Share In IRCTC

New Delhi: The government proposes to sell up to 20 per cent equity shares of Indian Railway Catering and Tourism Corporation (IRCTC), a listed public sector enterprise.

It will raise Rs 4,374 crore through an offer for sale (OFS) on Thursday and Friday.

A floor price of Rs 1,367 per share has been set for the sale. Non-retail investors would be allowed to bid on Thursday, and retail investors on Friday, NDTV reported.

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