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CMD VIVEK
Leaders discuss sustainable finance and green investmentAt the AFAI national summit and Indian climate leader awards 2025, leaders discussed sustainable finance strategies. They emphasised the im...- REC Ltd looking at financing overseas projects, submitted application for subsidiary at GIFT CityREC Limited, a 'Maharatna' company under the Ministry of Power, has applied to open a subsidiary in Gujarat's GIFT City to begin financing ...
- REC raises 31.96 billion Japanese yen through 5-year green loanThe loan, which is equivalent to $200 million, will be used to finance eligible green projects in India, REC said in a statement.
- REC gets RBI nod to set up subsidiary in GIFT CityAccording to the statement, REC Ltd, under the Ministry of Power and a leading NBFC, has received a 'No Objection Certificate' (NOC) from t...
- REC chief on rooftop solar mission, diversifying into non-power infra & zero NPA plansVivek Dewangandiscusses the implementation of the Rooftop Solar mission and the role of REC as the overall programme implementation agency....
- 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...
- REC hands over 6 Special Purpose Vehicles to India's Power Grid CorporationRural Electrification Corporation Power Development and Consultancy Limited (RECPDCL) on Wednesday announced handing over six projects' spe...
- REC, PFC to provide Rs 8,520 crore finance for 1,320 MW thermal power plant at BuxarAccording to the statement, the total estimated project cost is Rs 12,172.74 crore with debt requirement of Rs 8,520.92 crore. As per the a...
- REC gets shareholders' nod to issue bonus shareConsequently, the paid-up capital of the company will increase to Rs 2,633.22 crore -- 2,63,32,24,000 equity shares of Rs 10 each. The comp...
- Additional Power Secretary Vivek Kumar Dewangan appointed as CMD RECIn a statement on Thursday, REC said Vivek Kumar Dewangan, a 1993-batch Indian Administrative Service (IAS) Officer of Manipur Cadre has ta...
- Nidhi Chibber appointed CBSE chief, Vivek Kumar Dewangen to be CMD of REC LtdChibber, a 1994 batch Indian Administrative Service officer of Chhattisgarh cadre, is currently Additional Secretary, Ministry of Heavy Ind...
- Concept buys 51% stake in marketing firm Lastmile SolutionsWhile Suchanti declined to share details, he confirmed to ET that it’s a part debt and equity deal, and Concept would infuse capital for gr...
- In advanced stages of discussion on disinvestment of Chennai property: Vivek Nair, Leela Ventures"Because of the GOP loss on the account of Goa and Chennai going away from our balance sheet, we have embarked on a asset light strategy."
- Hotel Leelaventure completes Rs 725 crore sale of Goa propertyHospitality chain Hotel Leelaventure today completed the Rs 725-crore sale of its Goa property to Ceres Hotels.
- Fresh LG-AAP government tussle as ACB chief MK Meena orders probe against senior officialAccording to a source, ACB has received a complaint of alleged irregularity against senior Sanghi, who holds the charge of Principal Secret...
- Hotel Leela, KKR fail to agree on terms for bridge loanHotel Leela will not avail of a bridge loan from Kohlberg Kravis Roberts (KKR) as the company, its lenders and the global investment firm c...
- Oil PSUs may find difficult to up dividend payout in FY14Oil PSUs may find it difficult to maintain the dividend payout to the government this fiscal although the NTPC has promised to give more to...
- Consumer goods retailer Viveks can give a lesson or two to biggiesCirca 2010, Chennai-based leading retailer of consumer durables, Viveks, is still going strong with even national chains having to take a f...
- Sushma Nath to be new expenditure secySushma Nath, member secretary to the Sixth Pay Commission, will be the new expenditure secretary while Vivek Mehrotra, special secretary in...
- Viveks in talks to offload 25% stake to private equity cosChennai-based consumer durable retailer Viveks is in talks with three private equity players to offload 25% equity. The company hopes to ra...
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