Latest News on Pfc
Showing of 0 - 10 from 28 results
Pfc - Total results - 28
Mar 28, 2019
PFC completes REC acquisition, pays Rs 14,500 cr to govt; deal helps meet disinvestment target for current fiscalPFC has raised money from Bank of Baroda, Life Insurance Corporation and State Bank of India, among others, to make the payment.
Mar 26, 2019
PFC to pay entire Rs 14,500 cr to government on Thursday for acquiring 52.63% stake in RECState-owned Power Finance Corporation (PFC) on Thursday will make the entire payment of Rs 14,500 crore to the government for acquiring 52.63 percent stake in REC, a source said
Feb 18, 2019
ArcelorMittal offers Rs 4,800 cr for stressed Essar Mahan power project, lenders to soon decide on proposalIn October last year, Essar Group commissioned both units of the Essar Mahan power plant.
Dec 27, 2018
PFC allays investor concerns over govt stake buyout in REC, says acquisition deal size yet to be finalisedOn 20 December, the PFC's board gave in-principle approval to the acquisition of the REC, it said.
Aug 07, 2018
Fitch Ratings assigns Power Finance Corporation's $300 mn bond final rating of 'BBB-'The bond is rated in line with PFC's Long-Term Issuer Default Rating (IDR) of 'BBB-', and the net proceeds of the bond are being used for general corporate purposes, a Fitch statement said elaborating key rating drivers.
Sep 24, 2017
Researchers develop SD-WISE, a scale to measure an individual's level of wisdomThe San Diego Wisdom Scale (SD-WISE) is based upon a conceptualisation of wisdom as a trait with a neurobiological as well as psychosocial basis.
Apr 17, 2017
To keep fiscal deficit under check, govt plans to raise $5.4 bn via stake sale in seven state-run firmsThe part sale of government stakes in state-run and private firms is critical to meet the fiscal deficit target of 3.2 percent of gross domestic product in the year to March 2018
Jan 15, 2016
Jaitley says govt to come out with alternative disinvestment plan soonAs against the target of Rs 69,500 crore, the government has so far in current fiscal garnered Rs 12,700 crore.
Nov 24, 2015
Masala bonds funding opportunity for NBFC, govt issuer, says Moody'sIn September, Reserve Bank had allowed non-banking finance companies and other corporates to issue masala bonds within the broad external commercial borrowing framework to deepen capital markets and provide these issuers with a way to raise funds abroad without incurring currency risk.
Oct 06, 2015
Stake sale: Govt begins roadshows for NTPC, BEL disinvestmentIn the US, roadshows are being held in San Francisco, Boston and New York, sources said.