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PARMINDER CHOPRA
PFC, REC shares in focus as mega merger process advances. What's next?Power Finance Corporation's board has taken a significant step towards merging with Rural Electrification Corporation. The board has approv...- PFC board clears next step for REC merger, seeks govt approvalPower Finance Corporation has taken a key step toward merging with REC Limited after its board approved seeking the President of India’s no...
- PFC-REC merger may not be a priority amid war squeezeBoards of Power Finance Corporation and REC will meet Saturday. Uncertainty surrounds their proposed merger. The government's stake may fal...
- PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
- PFC inks loan pact worth EUR 150 million with German lender KfWPFC has secured a EUR 150 million loan from KfW to support India's Revamped Distribution Sector Scheme (RDSS). This collaboration aims to i...
- PFC Q4 net profit rises 11%, makes 100% provisions on Gensol EngineeringPower Finance Corp (PFC) reported an 11% increase in the fourth-quarter net profit at Rs 8,358 crore, buttressed by an increase in interest...
- Power Finance Corporation signs 120 billion yen loan pact with Japan Bank for International CooperationState-owned PFC has signed an agreement with Japan Bank for International Cooperation (JBIC) for a 120 billion Japanese yen loan facility t...
- PFC not to take exposure in Shapoorji Pallonji Group: PFC chairpersonPower Finance Corporation (PFC) has decided against lending to Shapoorji Pallonji Group. The decision comes after PFC's board deemed the lo...
- PFC gets ₹1,400 crore loan from Japanese Bank for green businessPower Finance Corporation obtained a JPY25.5 billion loan from Japan Bank for International Cooperation for a 300 MW wind energy project in...
- PFC pays Rs 2,033 crore interim dividend to Govt for FY24PFC paid ₹2,033 crore dividend to the government for FY23-24 in three instalments. Highest-ever interim dividend presented to RK Singh. Tot...
- PFC gets Reserve Bank nod to set up finance company in GIFT CityThe Reserve Bank of India approved Power Finance Corporation to establish a wholly-owned finance subsidiary at Gujarat's GIFT City's Intern...
- PFC gets shareholders' nod to issue bonus sharesThe PFC had proposed to issue bonus shares by capitalising securities premium account to the extent that each shareholder is entitled to a ...
- REC signs MoU with PFC committing stronger revenue in FY24 and FY25The Mou was signed on Friday between Dewangan and Parminder Chopra, CMD of Power Finance Corporation (PFC) in presence of other senior offi...
- ETPWLA 2023: Jayashree Satagopan and Parminder Chopra recognised as winners of the Finance Leader of the Year category at ETPrime Women Leadership AwardsAt ET Prime Women Leadership Awards (ETPWLA) 2023, Jayashree Satagopan, President Corporate & CFO, Coromandel International Limited and Par...
- Parminder Chopra becomes first woman to lead Power Finance CorporationPower Finance Corporation Limited (PFC) has named Parminder Chopra as Chairman and Managing Director (CMD) - the first woman to lead the co...
- PFC looking to build an infrastructure portfolio: Parminder Chopra, director-financeOur primary focus in any case is on the power sector and energy transition. But, last year, in the second half of the financial year, we we...
- Buy REC, target price Rs 163.8: ICICI DirectREC, incorporated in the year 1969, is a Large Cap company (having a market cap of Rs 42645.06 Crore) operating in Term Lending Institution...
- Buy REC, target price Rs 148: Religare BrokingReclaimed record high with surge in volumes. Pattern indicates prevailing trend to continue.
- Power Finance Corporation plans retail bonds worth $1.4 billionPower Finance Corp. has filed a draft prospectus for a 100-billion-rupee offering ($1.4 billion), and plans to raise the entire sum this qu...
- Parminder Chopra takes over as Power Finance Corporation Director (Finance)Chopra was working as Executive Director (Finance) at Power Finance Corporation (PFC) before assuming charge as Director (Finance), PFC. Wi...
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