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The Indian government is selling a majority stake in Rural Electrification Corp in a deal that will create a power financing giant
The deal will also see the transfer of management control to PFC, which is India’s largest lend…
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 …
Your renewable energy projects could get easily financed and that too at low interest rates
Due to the lack of projects in thermal and hydropower sectors, the financiers have found a new favo…
Energy Performance: Is India Losing Out On Power Play?
India ranks 69th among 124 countries in the recently
released Global Energy Architecture Performanc…
Micro-finance not doing well at the markets today. Know why
TATA MOTORS: India's largest vehicle maker fell 2.5 percent to 329.50 rupees after group company Ta…
India Inc mops up Rs 4.32 lakh crore via private placement last fiscal
An Economic Times report revealed that this mop up was up 60% as against Rs 2.71 lakh crore moppe…
‘These are India’s largest companies by asset’
In the recent past, the corporate espionage case of the Oil Ministry and Sun Pharma chief Dilip Sha…
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…
Modi government privatises power utilities in Union Territories — wants states to follow suit
A series of reforms have been announced for the power sector, the latest of them is the privatisati…
Finance Minister Nirmala Sitharaman reveals the details of Modi's ₹20 lakh crore stimulus package
Indian Finance Minister Nirmala Sitharaman unveiled the details of the massive stimulus package, pr…
Here’s why India's Supreme Court just delayed the resolution of 34 stressed power projects
On September 12th, the Supreme Court issued a directive that imposed a stay on all bankruptcy pr…
Indian government is planning a package of reforms for the power sector
Much has been made of the growing pile of non-performing assets emanating from India’s power sector…
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…
NTPC's stake sale fixed for Tuesday, to fetch Rs 5,000 crore
So far, the government has been able to garner about Rs.13,340 crore by selling stakes in Rural Ele…
A stressed power sector is threatening India’s economy, but its banks have a solution
After a rescue plan for stressed power assets involving a joint venture by state-owned firms like N…