{"id":264980,"date":"2019-03-18T07:03:03","date_gmt":"2019-03-18T07:03:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=264980"},"modified":"2019-03-18T07:03:03","modified_gmt":"2019-03-18T07:03:03","slug":"etf-prop-for-selloff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/etf-prop-for-selloff\/","title":{"rendered":"ETF prop for selloff"},"content":{"rendered":"<p>The race to meet the Rs 80,000-crore divestment target for the current fiscal will largely depend on the CPSE-Exchange Traded Fund (ETF) to be launched next week. Besides, the board of Power Finance Corporation will meet soon to approve a buyout of the shares of Rural Electrification Corporation at a premium.<\/p>\n<p>The ETF offer is likely to fetch Rs 3,500 crore and can be increased depending on the investors\u2019 appetite, a senior finance ministry official said.<\/p>\n<p>Officials said the ETF was likely to open for subscription on March 19 and would close on March 22.<\/p>\n<p>\u201cThe additional amount over and above the base size of the ETF issue could be retained by the Centre, depending on over-subscriptions,\u201d the official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The race to meet the Rs 80,000-crore divestment target for the current fiscal will largely depend on the CPSE-Exchange Traded Fund (ETF) to be launched next week. Besides, the board of Power Finance Corporation will meet soon to approve a buyout of the shares of Rural Electrification Corporation at a premium. The ETF offer is likely to fetch Rs 3,500 crore and can be increased depending on the investors\u2019 appetite, a senior finance ministry official said. Officials said the ETF was likely to open for subscription on March 19 and would close on March 22. \u201cThe additional amount over and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,245,148],"tags":[],"class_list":["post-264980","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=264980"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264980\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=264980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=264980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=264980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}