The Union Cabinet approved the listing of 7 Central Public Sector Enterprises (CPSEs) on the stock exchanges via Initial Public Offering (IPO) or Follow-on Public Offer (FPO). The companies that will go for IPOs include Telecommunication Consultants (India) Ltd., RailTel Corporation India Ltd., National Seed Corporation India Ltd., Tehri Hydro Development Corporation Limited, Water & Power Consultancy Services (India) Limited and FCI Aravali Gypsum and Minerals (India) Limited. Kudremukh Iron Ore Company Limited will go for an FPO.
