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Finally, PSU-ETF is here; subscription from next week

Last Updated: Friday, March 14, 2014, 19:45

The much-awaited exchange-traded fund (ETF) of select heavyweight Central public sector units was launched by Goldman Sachs on Friday .

Power Grid out of PSU ETF; Fin Min files offer document

Last Updated: Tuesday, February 25, 2014, 18:18

Power Grid Corporation has been kept out of the proposed CPSE Exchange Traded Fund (ETF), which will now consist of 10 companies, including ONGC, Coal India, GAIL and Indian Oil.

Goldman Sachs to manage PSU ETF

Last Updated: Tuesday, April 16, 2013, 18:42

Global investment banker Goldman Sachs is believed to have been chosen for setting up the PSU Exchange Traded Fund (ETF) to help government achieve its disinvestment target.

Cabinet nod to PSU ETF proposal likely soon

Last Updated: Monday, April 08, 2013, 17:27

"The proposal of a PSU ETF could be taken up in the next meeting of the CCEA. The meeting is likely later in the week," a source said.

Inter ministerial panel to meet tomorrow on PSU's ETF

Last Updated: Sunday, March 24, 2013, 12:44

According to a government official, the Inter Ministerial Group (IMG) is scheduled to meet on March 25 to discuss the proposed ETF.

Fin Min to prepare cabinet note for setting up PSU ETF

Last Updated: Wednesday, February 20, 2013, 18:21

The Finance Ministry will prepare a Cabinet note on framework of the Exchange Traded Fund (ETF) for state-owned companies with a view to attract investment and also promote government's disinvestment drive.

Govt invites proposals from mutual funds for PSU ETF

Last Updated: Sunday, January 06, 2013, 19:12

Moving ahead with its proposal to set up an exchange traded fund for PSUs, the government has invited proposals from mutual funds having equity assets of over Rs 2,500 crore.