BSE unveils portal on PSUs

By siliconindia   |   Thursday, 21 January 2010, 22:27 IST
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Mumbai: To provide relevant information on public sector undertakings (PSUs) to investors and the general public, The Bombay Stock Exchange (BSE) has launched a portal that will also contain market-related information of the BSE PSU Index. Details on regulations, disclosure requirements, allocation process, database of all key intermediaries and a list of merchant bankers will also be available. "There is a huge go-to-market knowledge gap that exists in several PSUs," said Madhu Kannan, Managing Director and Chief Executive Officer, BSE. The services of the portal would be free. It would be useful to people such as academicians, researchers and investors, or anyone wanting to find information on disinvestment of PSUs in India. There will be a section on recent government announcements, court judgments, recent articles and publications on disinvestments. The website - www.bsepsu.com - also has an IPO/FPO guide for PSUs, with a tutorial on the basics of the market. Of the 214 Central PSUs and their subsidiaries, 46 are listed. Forty-four of these are listed on the BSE. Additionally, 26 public sector banks and their subsidiaries and six state-level public enterprises are also listed.