Shapoorji Pallonji Group aims to raise Rs 3,000 crore via Deutsche Bank and DAM Capital to refinance debt from Ares SSG Capital and Farallo...

The board of Power Finance Corporation (PFC), a state-owned entity, has approved a loan of Rs 15,000 crore to companies within the Shapoorj...

State-owned Power Finance Corp (PFC) is seeking legal counsel regarding the approval of a ₹15,000 crore loan to the promoters of the Shapoo...

State Bank of India (SBI) is reportedly in advanced discussions to downsell half of its approximately ₹11,000-crore loan exposure to the Ad...

Adani Power and Jindal Power are reportedly among the companies expected to express interest in the acquisition of Hiranmaye Energy, a ther...

The lender is looking to recover over 50% from the sale. The bank has invited bids for a loan of ₹110 crore for KSK Mahanadi and ₹45 crore ...

PFC signed pacts worth Rs 2.37 lakh crore with 20 companies in the clean energy space, the company said in a press release. REC, on the oth...

These agreements -- part of the Maharatna company's plan to position itself as the focal funding agency for energy transition -- were signe...

I think TVS Motors continues to look good and M&M, of course, is a sum of parts story. So, which means the list is quite big, but they all ...

Dipam, which is in charge of state invested assets, is not comfortable with PFC and REC acquiring the power project through a joint venture...

The bank has set a Rs 828 crore reserve price to sell the account, a 10% reduction from the Rs 919 crore reserve price set by the bank in A...

Strangely, post the announcement of Bad Bank, the National Company Law Tribunal (NCLT) benches have been staffed sub-optimally. Fewer judge...

Allsec Technologies will merge with technology-enabled staffing and outsourcing services firm Quess Corp in an all-stock deal.

Another official said the companies are considering partnering with other central power sector entities for technical know-how to run the a...

The PFC-led consortium owns 80% in KSK Mahanadi Power after lenders converted a part of their Rs 21,000 crore of loans into equity.

PFC and REC will infuse liquidity in the discoms in two equal instalments.

The firm's total standalone income increased to Rs 7,702.64 crore in the March quarter.