Power Finance Corp

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  Distribution Companies' Dues To Power Producers Rise 4% In May

  Total outstanding dues of electricity distribution companies to power producers rose by 4.04 per cent year-on-year to Rs 1,21,765 crore in May 2022

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  Power Finance Corporation Gets Maharatna Company Status

  Government has accorded "Maharatna" status to Power Finance Corporation, thus making it the 11th state-owned entity in the country to become one

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  Power Finance Corporation Net Profit Records 28% Jump For June-End Quarter

  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.

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  Power Finance Gains After Reporting Rs 8,444 Crore Profit In March Quarter

  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

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  New Government Formation, GDP Data, Derivatives Expiry To Guide Markets: Experts

  In terms of quarterly results, companies like Abbott India, Bharat Heavy Electricals, Emami, GAIL, Interglobe Aviation, Punjab National Bank, SpiceJet, Sun Pharma, GMR Infra, M&M and Power Finance Corp are expected to announce their fourth quarter (Q4) earnings results in the coming week.

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  Power Finance Not To Extend Open Offer To REC's Minority Holders

  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.

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  Power Finance To Buy Over 52% Stake In REC, Says Government

  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.

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  Trading Calls: Buy Tata Motors, Federal Bank, Power Finance Corp, Say Experts

  The NSE Nifty managed to close above the psychological level of 10,200 on Monday.

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  Power Finance Corporation To Sanction Rs 55,000 Crore Loan This Financial Year

  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.

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  PFC June Quarter Profit Up 9% At Rs 1,713 Crore

  State-run Power Finance Corp (PFC) on Tuesday posted an 8.64 per cent rise in standalone net profit at Rs 1,712.55 crore for the quarter ended June 30, on the back of higher interest income.

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  Buy Power Finance, Dish TV; Avoid Lupin, Colgate: Sumeet Bagadia

  Sensex snapped its three-day winning streak while the broader Nifty closed below its crucial psychological level of 8,700 after the Reserve Bank of India kept interest rates steady at its bi-monthly monetary policy review.

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  Power Finance Corp Recommends 1:1 Bonus Share Issue

  Power Finance Corp on Thursday said its board has approved issuing one bonus share for every equity share held by shareholders and increasing authorised share capital of the firm to Rs 10,000 crore from Rs 2,000 crore.

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  PFC Acquires 23% In Shree Maheshwar Hydel Power Corp

  In the wake of loan default worth Rs 700 crore, Power Finance Corp on Thursday said it has acquired over 23 per cent stake in Shree Maheshwar Hydel Power Corp by invoking pledged shares and partially converting debt into equity.

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  Government Planning To Launch Second ETF Of PSUs This Fiscal

  The 10 PSUs which are part of the CPSE ETF basket are ONGC, GAIL India, Coal India, Indian Oil, Oil India, Power Finance Corp, Rural Electrification Corp, Container Corp, Engineers India and Bharat Electronics.

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  Disinvestment Target for FY17 Set at Rs 56,500 Crore

  Volatile market conditions have affected disinvestment plan in 2015-16.