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POWER FINANCE CORPORATION FPO
SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
Assam seeks enhanced access to EAPs to sustain Northeast’s growth momentum: CM Himanta Biswa SarmaAssam Chief Minister Himanta Biswa Sarma highlighted the significant role of Externally Aided Projects (EAPs) in the North East's developme...
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in HDFC Bank, RIL and 29 others in MaySunil Singhania-backed Abakkus Flexi Cap Fund significantly increased its holdings in HDFC Bank and Reliance Industries during May. The fun...
Shiv Sena turns 60: Uddhav faction faces existential crisis, Shinde group battles for relevanceMumbai's Shiv Sena marks 60 years with its factions facing significant challenges. Uddhav Thackeray's group confronts an existential crisis...
International Finance Corporation announces $371 million investment in data centre operator SifyThe International Finance Corporation is investing $371 million in Sify Technologies. This funding will develop two new data centres in Nav...
Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...
Kudankulam nuclear plant unit-5 gets reactor vesselIndia's Nuclear Power Corporation has achieved a significant milestone. The reactor pressure vessel for Kudankulam Unit-5 has been installe...
I Squared, US DFC to set up $3 billion energy infrastructure platform in AsiaI Squared Capital and the US International Development Finance Corporation are partnering. They will create a three billion dollar investme...
No runaway rally likely; markets to trade in broad range: Sameer DalalEquity markets face near-term unevenness due to global optimism tempered by domestic uncertainties like elevated crude prices and monsoon r...
Sunil Singhania-backed Abakkus Small Cap Fund adds 3 new stocks, increases stake in HDFC Bank, SBI and 49 othersSunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Intellect Design Arena. The fund also...
India eyes biofertilisers after Mideast war stoked supply fearsUnder a shed in north India, women scoop cow dung, lumps of unrefined sugar and flour to produce biofertiliser -- part of a growing effort ...
NSE Indices launch 11 new sectoral indices including Nifty Power and Nifty HospitalsNSE Indices has introduced 11 new sectoral benchmarks, taking its total sectoral index count to 34. The move aims to deepen sector-specific...
Haryana approves Rs 913-cr power infrastructure expansionHaryana's power sector is set for major upgrades. The state has approved additional infrastructure works worth over Rs 900 crore under the ...
4 demerged units of Vedanta to make D-Street debut on MondayOn Monday, Anil Agarwal's diversified commodities empire takes a bold step as four of its companies make their debut listings. This strateg...
India grants retrospective custom duty relief on imports of select nuclear power generation equipmentIndia has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and Janu...
Japanese investors are looking beyond China... India is key alternative: Tsutomu Takemura, Senior MD, NomuraIndia is increasingly becoming a long-term structural investment destination rather than a short-term strategic bet. Global capital is movi...
Tamil Nadu to setup special monitoring team for uninterrupted power supply across the StateTamil Nadu's power distribution body, TNPDCL, is forming special teams in all districts. This move aims to fix faults quickly and reduce po...
Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...