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2 mins read
PFC Q4 profit grows 23% to ₹7,556 crore
Total income rose to Rs 24,176.34 crore from Rs 20,074.11 crore in January-March FY23. Expenses…
PTI
3 mins read
Watch out for stocks like Adani Power, Tata Power, PFC and REC as electricity consumption nears pre-COVID levels
The slump in power consumption has narrowed to just 2.64% in July at 113.48 billion units (BU) indi…
1 min read
India’s power distributors will get a ₹90,000 crore cash injection— but Power Finance Corp and Rural Electrification Corp shares had already surged in anticipation
The Finance Minister Nirmala Sitharaman today (May 13) announced a ₹90,000 crore cash injection to …
1 min read
PFC disburses Rs 11K cr in first week of lockdown
"I am extremely happy to share that work of PFC did not suffer any pullbacks due to the lockdown an…
PTI
1 min read
PFC Q3 net down 12 pc to Rs 3,386 cr
Besides, the company can also raise Rs 15,000 crore through long term foreign currency bonds, Rs 5…
PTI
2 mins read
India’s largest fuel retailer is undertaking its biggest share buyback since 2001 in order to help the central government meet its disinvestment target
The move also includes a dividend payout of ₹6,75 per share, resulting in a total payout of ₹6…
4 mins read
75 years after the Battle of the Bulge, members of the Army's 101st Airborne share their personal ties to that brutal fight
On December 14, 2019, American and Belgian soldiers, along with members of the Bastogne community a…
Sgt. Erica Earl, US Army
1 min read
Shares of Power Finance Corp are rising
Power Finance Corp., a state lender to the power sector, inched up in trade after announcing a stro…
3 mins read
The story of a US National Guard soldier from Ghana who died trying to save people in a deadly Bronx fire is being shared as a counterpoint to Trump's 'shithole' comments
Emmanuel Mensah was a 28-year-old immigrant from Ghana who joined the Army National Guard. He was l…
Ben Brimelow,David Choi
2 mins read
Non-banking finance firm Power Finance Corporation records 49% jump in net profits in FY21
State-owned non-banking finance firm Power Finance Corporation (PFC) has recorded the highest-ever …
1 min read
RattanIndia Power board approves issuance of securities to lenders, promoters to pare debt
New Delhi, Dec 27 () RattanIndia Power on Friday said its board has approved a proposal to issue se…
PTI
2 mins read
Business highlights
DEL29 BIZ-AUDITORSIndia's audit space cannot have 'one-size fits all' approach: Corp Affairs SecyN…
PTI
1 min read
REC contributes Rs 150 cr to PM CARES fund
On Monday, Power Minister R K Singh had tweeted, "We feel honoured to share that the public sector…
PTI
1 min read
CPSE ETF receives bids worth Rs 9,200 cr from anchor investors
New Delhi, Jan 30 () The seventh tranche of CPSE ETF was lapped up by institutional investors on Th…
PTI
1 min read
Govt plans to garner Rs 10,000 cr from 7th tranche of CPSE ETF
New Delhi, Jan 23 () The government is planning to raise over Rs 10,000 crore from CPSE ETF's seven…
PTI
2 mins read
CPSE ETF's 7th tranche to open on Thursday; govt to raise Rs 10,000 cr
New Delhi, Jan 27 () The government is planning to raise at least Rs 10,000 crore through the seven…
PTI
2 mins read
Govt raises Rs 13,883 cr from strategic sale of THDCIL, NEEPCO, Kamrajar Port
"DIPAM completed two more strategic disinvestment transactions. GOI's 74.49 per cent stake in THDC…
PTI
4 mins read
Gut wrenching replies to a US Army tweet portray the gravity of veteran suicide rates
"Given me memories of twelve Soldiers who chose suicide, three killed in preventable rollovers, ano…
Sarah Gray,Sarah Gray
1 min read
Power sector doing well in the markets despite concerns
The government sold 6.6 crore shares via the exchanges raising roughly 1,700 crore rupees today in …
3 mins read
A Fort Hood soldier who reported being sexually abused and then went missing has been found dead hanging from a tree, his family's lawyer says
Elder Fernandes had accused a male officer of groping him but was harassed for doing so, his mother…