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Dynacons Systems has bagged an order worth Rs 7.46 crore for information technology and Internet of Things for the Disaster Management Department of MCGM, Mumbai

Power Finance Corporation recorded a 28 per cent increase in its net profit for June-end quarter of 2021-22 which stood at Rs 4,554 crore.

Power Grid will infuse Rs 425 crore in its joint venture Energy Efficiency Services Limited (EESL).

Power Grid Corporation approved the proposal to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services, a joint venture company of PowerGrid, NTPC, PFC and REC

Power Finance Share Price: On Wednesday, Power Finance Corporation opened on the BSE at Rs 129.30, swinging to an intra day high of Rs 132.85, and an intra day low of Rs 128.50, so far

The government has taken several measures to mitigate the impact which include rebate on capacity charges, relaxing provisions of letter of credit for scheduling of power and liquidity infusion scheme.

The objective of the pact is to provide support to IIT Kanpur in developing infrastructure for research and development on smart grid technology.

With relation to Avantha Power (Jhabua) an Rs 100 crore settlement for PFC got stalled after one of the operational creditors took the asset to NCLT.

Power Finance Corp Ltd said on Monday the company was not considering extending the open offer to the minority stakeholders for its deal with REC Ltd.

The sale may allow the government to say that it is getting closer to meeting its target of raising Rs 80,000 crore through the sale of government stakes in various entities in the year ending March 31, 2019.

"REC and PFC did not conduct appropriate due diligence during credit appraisal and in the process assumed higher risks on the loan accounts,- said CAG.

Banking and pharma stocks were among the losers while some buying was seen in IT, FMCG and capital goods stocks.

The BSE-BOND was launched on July 1 to facilitate online bidding for private placement of debt securities. Since then, 53 companies have raised Rs 1,51,865 crore through it.

The BSE Sensex fell over 150 points in early morning trade tracking weak Asian shares. However, energy stocks were up tracking a surge in global oil prices.

State-run Power Finance Corp is looking to sanction loans worth Rs 55,000 crore in the ongoing fiscal and aiming to earn 14.5 per cent return on net worth, as per a performance agreement with the Power Ministry.

Dynacons Systems has bagged an order worth Rs 7.46 crore for information technology and Internet of Things for the Disaster Management Department of MCGM, Mumbai

Power Finance Corporation recorded a 28 per cent increase in its net profit for June-end quarter of 2021-22 which stood at Rs 4,554 crore.

Power Grid will infuse Rs 425 crore in its joint venture Energy Efficiency Services Limited (EESL).

Power Grid Corporation approved the proposal to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services, a joint venture company of PowerGrid, NTPC, PFC and REC

Power Finance Share Price: On Wednesday, Power Finance Corporation opened on the BSE at Rs 129.30, swinging to an intra day high of Rs 132.85, and an intra day low of Rs 128.50, so far

The government has taken several measures to mitigate the impact which include rebate on capacity charges, relaxing provisions of letter of credit for scheduling of power and liquidity infusion scheme.

The objective of the pact is to provide support to IIT Kanpur in developing infrastructure for research and development on smart grid technology.

With relation to Avantha Power (Jhabua) an Rs 100 crore settlement for PFC got stalled after one of the operational creditors took the asset to NCLT.

Power Finance Corp Ltd said on Monday the company was not considering extending the open offer to the minority stakeholders for its deal with REC Ltd.

The sale may allow the government to say that it is getting closer to meeting its target of raising Rs 80,000 crore through the sale of government stakes in various entities in the year ending March 31, 2019.

"REC and PFC did not conduct appropriate due diligence during credit appraisal and in the process assumed higher risks on the loan accounts,- said CAG.

Banking and pharma stocks were among the losers while some buying was seen in IT, FMCG and capital goods stocks.

The BSE-BOND was launched on July 1 to facilitate online bidding for private placement of debt securities. Since then, 53 companies have raised Rs 1,51,865 crore through it.

The BSE Sensex fell over 150 points in early morning trade tracking weak Asian shares. However, energy stocks were up tracking a surge in global oil prices.

State-run Power Finance Corp is looking to sanction loans worth Rs 55,000 crore in the ongoing fiscal and aiming to earn 14.5 per cent return on net worth, as per a performance agreement with the Power Ministry.