IPOs of Public Sector Units can restore investor's, which is down due to the current market situation and global financial crises. In an Assocham survey of 300 companies, majority of CFOs expressed their confidence in the Indian public sector units (PSUs) equities.
According to Assocham President Sajjan Jindal, "The government and RBI have been consistently announcing decisions to revive market sentiments to uplift capital market but these have yet to yield the required objectives and therefore the government ought to motivate PSUs to float IPOs.
According to Assocham President Sajjan Jindal, "The government and RBI have been consistently announcing decisions to revive market sentiments to uplift capital market but these have yet to yield the required objectives and therefore the government ought to motivate PSUs to float IPOs.
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