Feb 24, 2016: IPR policy
likely in a fortnight, PSU stake sale policy soon & NTPC stake sale
General Studies: Daily Capsule
Curtain Raiser –News Update (Feb 24, 2016)
IPR policy likely in
a fortnight:
|
Nature of coming IPR policy in India
|
Entirely compliant with the World Trade Related aspects of IPRs
(TRIPS)
|
|
Thrust of this IPR policy
|
·
Awareness generation and effective
enforcements of IPRs
·
Encouragement of IP commercialization through
various incentives
|
|
IPR Policy vs Indian IPR law
|
No change in the existing Indian IPR laws or other related practice
|
Source: Government to unveil IPR policy in a fortnight by
Arun S, Feb 24, The Hindu
NTPC stake sale
oversubscribed:
|
Government’s 5 % stake sale in NTPC
|
Two days Offer For Sale (OFS):
·
First day of OFS called ‘T’ day for FIIs and
Institutional Buyers
·
T+1 day i.e. second day of OFS for Retail
Investor (20% share for retail investors reserved)
|
|
NTPC’s OFS on ‘T’ day oversubscribed
|
·
FII: 23% of the bids
|
|
Government’s stake in NTPC after this divestment
|
69.96%
|
Source: NTPC stake sale oversubscribed, Feb 24, The Hindu
&
FAQ about Offer for Sale (OFS):
PSU stake sale policy
soon:
|
Government likely to come with policy on strategic sale of
state-owned companies
|
|
|
The strategic sale is that government is selling the equity of the
company along with the controlling management
|
|
Source: PSU stake sale policy soon, Feb 24, 2014, The Hindu
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