Government Exceeds Disinvestment Target In 2018-19: Arun Jaitley
Business | Press Trust of India | Saturday March 23, 2019
In the current fiscal year, government is eyeing Rs 14,500 crore by way of sell of its 52.63% stake in REC to state-owned Power Finance Corporation
Power Finance Not To Extend Open Offer To REC's Minority Holders
Business | Thomson Reuters | Monday February 18, 2019
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.
Trading Calls: Buy Tata Motors, Power Finance Corporation, Says Expert
Business | NDTV Profit Team | Thursday October 26, 2017
Indian banking shares soared on Wednesday, sending indices to record highs. Gains came a day after the Cabinet approved a Rs. 2.11-lakh-crore plan to recapitalise its state banks over the next two years.
Companies Raise Rs 1.52 Lakh Crore Via Bonds On BSE E-Book Platform
Business | Press Trust of India | Monday February 13, 2017
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.
Trading Calls: Buy TVS Electronic, PFC, Karnataka Bank, Say Experts
Business | Monday December 12, 2016
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.
Power Finance Corporation To Sanction Rs 55,000 Crore Loan This Financial Year
Business | Press Trust of India | Friday September 2, 2016
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.
Buy Power Finance, Dish TV; Avoid Lupin, Colgate: Sumeet Bagadia
Business | NDTV Profit Team | Wednesday August 10, 2016
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.
Power Finance Corporation Rises 3.5% On Bonus Shares Plan
Business | Press Trust of India | Friday July 8, 2016
Power Finance Corporation shares rose by over 3.5 per cent today after the company said its board will consider issue of bonus shares on July 14 as per capital restructuring guidelines by the government.
Power Finance Corp Net Rises 2.6% to Rs 1,582 Crore in Q3
Business | Press Trust of India | Tuesday February 9, 2016
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.
Rs 9,000-Cr Warangal Power Project May Be Awarded Next Month
Business | Press Trust of India | Sunday January 3, 2016
The Warangal transmission project with an estimated cost of around Rs 9,000 crore, the largest so far on the block, is likely to be auctioned next month.
PFC Declares Rs 8.8/Share Dividend, Government to Gain Rs 787 Crore
Business | Press Trust of India | Wednesday December 16, 2015
State-owned Power Finance Corporation on Wednesday declared an interim dividend of Rs 8.80 per share for 2015-16, which will fetch Rs 787.53 crore to the government.
PFC Net Profit Up 20% at Rs 1,695 Crore
Business | Press Trust of India | Tuesday November 3, 2015
The company had registered a Rs 1,408.58-crore net profit in the corresponding quarter a year ago, the company said in a BSE filing today.
PFC Surges 10% on Buzz of Cabinet Meet on Discom Loan Recast
Business | NDTV | Monday October 5, 2015
Shares of government-owned power sector lenders Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) surged today after Press Trust of India reported that the Cabinet is likely to meet this week to consider a proposal to recast Rs 4.3 lakh crore loans of nine state power distribution companies.
PFC Tax-Free Bonds Expected to See Massive Response
Business | NDTV | Sunday October 4, 2015
State-run Power Finance Corporation's Rs 700 crore issue opens on October 5 and closes on October 9.
PFC Q1 Net Profit Up 9% at Rs 1,576 Crore
Business | Press Trust of India | Friday August 14, 2015
Government's 5 per cent stake sale in power sector lender PFC recently was lapped up by investors, fetching about Rs 1,600 crore to the exchequer.
No asset quality concerns; Gas based projects not off the radar: PFC
May 23, 2012
Not considering rejigging of loans to discoms: PFC
Jan 19, 2012
PFC eyes 25% growth through FPO
May 10, 2011
PFC's outlook
Apr 29, 2010
PFC to raise equity capital in year's time
Apr 27, 2010
Govt likely to invite bids for 4 UMPPs
Mar 16, 2010
Power for all by 2012?
Dec 9, 2009
PFC's big business plans
Oct 27, 2009
Power Finance Corp defies slowdown
Apr 17, 2009
Power companies ready to hit the market
Jan 18, 2007
Government Exceeds Disinvestment Target In 2018-19: Arun Jaitley
Business | Press Trust of India | Saturday March 23, 2019
In the current fiscal year, government is eyeing Rs 14,500 crore by way of sell of its 52.63% stake in REC to state-owned Power Finance Corporation
Power Finance Not To Extend Open Offer To REC's Minority Holders
Business | Thomson Reuters | Monday February 18, 2019
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.
Trading Calls: Buy Tata Motors, Power Finance Corporation, Says Expert
Business | NDTV Profit Team | Thursday October 26, 2017
Indian banking shares soared on Wednesday, sending indices to record highs. Gains came a day after the Cabinet approved a Rs. 2.11-lakh-crore plan to recapitalise its state banks over the next two years.
Companies Raise Rs 1.52 Lakh Crore Via Bonds On BSE E-Book Platform
Business | Press Trust of India | Monday February 13, 2017
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.
Trading Calls: Buy TVS Electronic, PFC, Karnataka Bank, Say Experts
Business | Monday December 12, 2016
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.
Power Finance Corporation To Sanction Rs 55,000 Crore Loan This Financial Year
Business | Press Trust of India | Friday September 2, 2016
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.
Buy Power Finance, Dish TV; Avoid Lupin, Colgate: Sumeet Bagadia
Business | NDTV Profit Team | Wednesday August 10, 2016
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.
Power Finance Corporation Rises 3.5% On Bonus Shares Plan
Business | Press Trust of India | Friday July 8, 2016
Power Finance Corporation shares rose by over 3.5 per cent today after the company said its board will consider issue of bonus shares on July 14 as per capital restructuring guidelines by the government.
Power Finance Corp Net Rises 2.6% to Rs 1,582 Crore in Q3
Business | Press Trust of India | Tuesday February 9, 2016
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.
Rs 9,000-Cr Warangal Power Project May Be Awarded Next Month
Business | Press Trust of India | Sunday January 3, 2016
The Warangal transmission project with an estimated cost of around Rs 9,000 crore, the largest so far on the block, is likely to be auctioned next month.
PFC Declares Rs 8.8/Share Dividend, Government to Gain Rs 787 Crore
Business | Press Trust of India | Wednesday December 16, 2015
State-owned Power Finance Corporation on Wednesday declared an interim dividend of Rs 8.80 per share for 2015-16, which will fetch Rs 787.53 crore to the government.
PFC Net Profit Up 20% at Rs 1,695 Crore
Business | Press Trust of India | Tuesday November 3, 2015
The company had registered a Rs 1,408.58-crore net profit in the corresponding quarter a year ago, the company said in a BSE filing today.
PFC Surges 10% on Buzz of Cabinet Meet on Discom Loan Recast
Business | NDTV | Monday October 5, 2015
Shares of government-owned power sector lenders Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) surged today after Press Trust of India reported that the Cabinet is likely to meet this week to consider a proposal to recast Rs 4.3 lakh crore loans of nine state power distribution companies.
PFC Tax-Free Bonds Expected to See Massive Response
Business | NDTV | Sunday October 4, 2015
State-run Power Finance Corporation's Rs 700 crore issue opens on October 5 and closes on October 9.
PFC Q1 Net Profit Up 9% at Rs 1,576 Crore
Business | Press Trust of India | Friday August 14, 2015
Government's 5 per cent stake sale in power sector lender PFC recently was lapped up by investors, fetching about Rs 1,600 crore to the exchequer.
No asset quality concerns; Gas based projects not off the radar: PFC
May 23, 2012
Not considering rejigging of loans to discoms: PFC
Jan 19, 2012
PFC eyes 25% growth through FPO
May 10, 2011
PFC's outlook
Apr 29, 2010
PFC to raise equity capital in year's time
Apr 27, 2010
Govt likely to invite bids for 4 UMPPs
Mar 16, 2010
Power for all by 2012?
Dec 9, 2009
PFC's big business plans
Oct 27, 2009
Power Finance Corp defies slowdown
Apr 17, 2009
Power companies ready to hit the market
Jan 18, 2007
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