News From Press Government mulls rejig of CPSE ETF constituent list

Government mulls rejig of CPSE ETF constituent list

Source: Business Line Sep 11, 2018

The Centre is toying with the idea of replacing three public sector entities forming part of the CPSE exchange-traded fund (CPSE ETF) with new ones.

Indications are that the Finance Ministry will look to replace GAIL, Engineers India and Container Corporation in the CPSE list as the Centre’s holding in these companies has fallen below 55 per cent, sources said.

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