State-run Telecommunications Consultants India Ltd (TCIL) is set to finalize the minimum pricing and terms for an offer-for-sale (OFS) to divest 5-10% of its remaining stake in Bharti Hexacom. The Union government, through TCIL, owns a 15% stake in Bharti Hexacom, in which Bharti Airtel, led by Sunil Mittal, holds 70%.
Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta Pandey
Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore