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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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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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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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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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Power Finance Corp Net Rises 2.6% to Rs 1,582 Crore in Q3
State-run Power Finance Corporation (PFC) on Tuesday reported a marginal 2.6 per cent rise in standalone net profit at Rs 1,582.32 crore for the quarter ended December on the back of higher income.
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PFC May Buy Government's Share in NHPC: Report
Centre has set a target of raising Rs 69,500 crore via disinvestment this fiscal.
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PFC Transfers 3 Transmission Projects to Adani Power
State-run Power Finance Corp on Tuesday said its arm PFC Consulting Ltd has transferred three wholly-owned subsidiaries to Adani Power Ltd.
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Power Finance Corp's Rs 700 Cr Tax-Free Bond Issue Subscribed 12 Times
The company has been permitted to raise up to Rs 1,000 crore through issue of tax-free, secured, redeemable, non-convertible bonds for the year ending March 31, 2016.
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Sebi Slaps Rs 2 Lakh Fine on United Bank of India
The case pertains to UBI acting as debenture trustee for Power Finance Corp (PFC) wherein some violations of norms have been found.
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Government Set to Raise Rs 1,678 Cr From Power Finance Stake Sale
The government is set to raise about $260 million from sale of a 5 per cent stake in Power Finance Corp Ltd, after the share auction received bids for more than twice the number on offer.
-
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
-
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.
-
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
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Power Finance Corp Net Rises 2.6% to Rs 1,582 Crore in Q3
State-run Power Finance Corporation (PFC) on Tuesday reported a marginal 2.6 per cent rise in standalone net profit at Rs 1,582.32 crore for the quarter ended December on the back of higher income.
-
PFC May Buy Government's Share in NHPC: Report
Centre has set a target of raising Rs 69,500 crore via disinvestment this fiscal.
-
PFC Transfers 3 Transmission Projects to Adani Power
State-run Power Finance Corp on Tuesday said its arm PFC Consulting Ltd has transferred three wholly-owned subsidiaries to Adani Power Ltd.
-
Power Finance Corp's Rs 700 Cr Tax-Free Bond Issue Subscribed 12 Times
The company has been permitted to raise up to Rs 1,000 crore through issue of tax-free, secured, redeemable, non-convertible bonds for the year ending March 31, 2016.
-
Sebi Slaps Rs 2 Lakh Fine on United Bank of India
The case pertains to UBI acting as debenture trustee for Power Finance Corp (PFC) wherein some violations of norms have been found.
-
Government Set to Raise Rs 1,678 Cr From Power Finance Stake Sale
The government is set to raise about $260 million from sale of a 5 per cent stake in Power Finance Corp Ltd, after the share auction received bids for more than twice the number on offer.
