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POWER FINANCE CORPORATION NEWS
LIC CFO Sunil Agrawal resigns to pursue 'better prospects'Sunil Agrawal, the Chief Financial Officer of Life Insurance Corporation of India (LIC), has resigned to explore new career opportunities. ...- IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
- Finance ministry, NFRA officials brief Par panel on corporate laws amendment billParliament's joint committee received briefings on the Corporate Laws (Amendment) Bill, 2026, from Finance Ministry officials and the Natio...
- Adani Enterprises: A high-risk, high-reward bet that is not for the faint-hearted: Sudip BandyopadhyayAdani Group is set to invest $15-20 billion over the next five years, focusing on expanding its ports to handle 1 billion tonnes, boosting ...
- Centre, Telangana appoint SBI Caps to evaluate Hyderabad Metro takeover, Phase-II expansionHyderabad Metro's future is set for a new direction as the Centre and Telangana government have agreed to appoint SBI Capital Markets. This...
- Vedanta among 5 F&O stocks saw a high increase in futures open interestFive NSE F&O stocks, led by Vedanta and Waaree Energies, recorded sharp open interest gains on June 23, indicating heightened trader partic...
- IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should knowIRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims t...
- Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...
- Explained | What is the 'Boss Scam' and how hackers are using CEOs' WhatsApp accounts to steal moneyA sophisticated 'Boss Scam' is targeting Indian companies, with cybercriminals hijacking executives' WhatsApp accounts to authorise fraudul...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 24%When business updates start to come in or when some FMCG or auto companies indicate that things are not all good in the rural space, we may...
- Stocks in news: TCS, JSW Infra, Craftsman Automation, IIFL Finance, Transrail LightingIndian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in th...
- Resonia wins Telangana transmission project to boost renewable energy connectivityResonia, formerly Sterlite Power's transmission arm, has secured a significant project in Telangana from Power Finance Corporation. This in...
- Smaller cities power India’s corporate travel surgeCorporate travel in India is increasingly shifting towards smaller cities, with nearly 60% of bookings now originating from or heading to t...
- Power sector stocks regain momentum on rising electricity demand and strong investment cycleRising electricity demand and a strong investment cycle lift outlook for power companies.
- 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...
- 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...
- Waaree Renewable acquires 55% stake in Associated Power Structures for Rs 1,225 crWaaree Renewable Technologies has acquired a 55 percent stake in Associated Power Structures Pvt Ltd. The deal is valued at Rs 1,225 crore....
- 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...
- 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 ...
- 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...
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