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Delhi moves to get BSES license revoked if power stopped

Hardening its stand on the issue, the Delhi government has recommended power regulator Delhi Electricity Regulatory Commission to revoke the license of Reliance Infra-backed power distribution......

Fresh water row with Pak on the cards

A fresh water row may erupt between India and Pakistan over a 1,200 MW Sawalkot hydro-power project on the Chenab river in Doda district of Jammu and Kashmir with the J&K high court quashing a 2006......

As banks tighten purse strings, NBFCs lure retail investors

The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers. Illustration: Uttam Ghosh/Rediff.com As banks become increasingly......

6 suggestions for Nirmala Sitharaman, India's new FM

Tamal Bandyopadhyay offers some unsolicited advice for the government, which came to power with brute majority, and also for the nation’s pragmatic chief money man. We have a rock-solid......

Govt meets divestment target for 2nd year running. Here's how

While divestment through IPOs saw an over 90 per cent drop as compared to the previous financial year, the exchange traded fund (ETF) route proved to be a shot in the arm for the government,......

Govt exceeds divestment target, proceeds touch Rs 85,000 cr in FY19

This is the second highest divestment proceeds in a financial year. Illustration: Uttam Ghosh/Rediff.com The government has exceeded its divestment target for the current fiscal by Rs 5,000 crore,......

Here's how Jaitley's on course to meet FY19 fiscal deficit target

However, independent economists are not as gung-ho as the finance ministry over the likelihood of deficit target being met this time around, says Indivjal Dhasmana. IMAGE: Union Finance Minister......
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PFC posts 13% fall in Q3 profit

Power Finance Corporation (PFC) Ltd has reported a ₹3,386.72-crore consolidated net profit for the third quarter of financial year 2019-20. This... ...

https://www.thehindubusinessline.com/companies/pfc-net-down-13/article30803098.ece
Buy

Investors with a short-term perspective can buy the stock of Power Finance Corporation (PFC) at current levels. The stock gained almost 6 per cent acc ...

https://www.thehindubusinessline.com/portfolio/technical-analysis/power-finance-corporation-1229-buy/article30743236.ece
POWER FINANCE CORPORATION Plunges by 6%; BSE 500 Index Down 2.6%

Posted by Equitymaster POWER FINANCE CORPORATION share price has plunged 6% and is presently trading at Rs 117. Meanwhile, the BSE 500 Index is at... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/Lfp953h7n80/indian-share-markets-updates.asp
PFC ceases to be among five largest creditors of IL&FS

IL&FS will seek directions from the NCLAT for removal of Power Finance Corporation (PFC) as one of the top five creditors, due to the transfer of... ...

https://economictimes.indiatimes.com/industry/banking/finance/pfc-ceases-to-be-among-five-largest-creditors-of-ilfs/articleshow/73203111.cms
Power Ministry cancels auction of 2.5GW after tepid response from state utilities

According to sources, lack of interest from state power utilities due to a higher tariff of Rs 4.41 per unit discovered through the reverse auction... ...

https://economictimes.indiatimes.com/industry/energy/power/power-ministry-cancels-auction-of-2-5gw-after-tepid-response-from-state-utilities/articleshow/72938496.cms

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