After refusal by REC, Power Corp. purchases shares ?
Govt wanted REC to purchase the share of Power Corporation, but it reportedly refused. It is said that now on govt's insistence, Power Corporation has purchased REC's share at higher rate. Experts are critical of such a move of the government because, according to them, if this practice cont
Govt wanted REC to purchase the share of Power Corporation, but it reportedly refused. It is said that now on govt's insistence, Power Corporation has purchased REC's share at higher rate. Experts are critical of such a move of the government because, according to them, if this practice continues profit making PSUs are bound to bleed.
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