S&P Foresees 'Credit Risks' For PSUs Supporting Govt Exchequer Via Share Buybacks

In the past three months, 10 public sector undertakings (PSUs) have announced or executed buybacks for a cumulative amount of Rs 15,000 crore, which will count toward the government's target of Rs 80,000 crore from disinvestment of state-owned entities.

from Top Business News- News18.com http://bit.ly/2G7NMlJ