Pgcil

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Fourth tranche of Bharat-22 ETF: Anchor investors put in Rs 13,500-cr bids, subscription soars 27 times
Business

Fourth tranche of Bharat-22 ETF: Anchor investors put in Rs 13,500-cr bids, subscription soars 27 times

The ETF issue that opened on Thursday received subscriptions from investors like mutual funds, foreign portfolio investors, and insurance funds

Bharat-22 ETF's 4th tranche to open today; govt expects to raise Rs 8,000 cr
Business

Bharat-22 ETF's 4th tranche to open today; govt expects to raise Rs 8,000 cr

An exchange-traded fund (ETF) is a basket of securities that trade on an exchange, just like a stock.

Darjeeling unrest: Can't intimidate me with threats, Mamata Banerjee tells Gorkha Janmukti Morcha
Politics

Darjeeling unrest: Can't intimidate me with threats, Mamata Banerjee tells Gorkha Janmukti Morcha

"I don't bow down to threats. If I am threatened, I know how to get the work done," Mamata Banerjee said.

Budget 2017: With Rs 10,000 crore allocated to Bharat Net; there is still a long way to go
News & Analysis

Budget 2017: With Rs 10,000 crore allocated to Bharat Net; there is still a long way to go

With Rs 10,000 crore allocated to Bharat Net in 2017 Budget; there's a lot more to be done here than you, myself and the government can imagine.

Siemens bags Rs 570 cr order from Power Grid Corp
Business

Siemens bags Rs 570 cr order from Power Grid Corp

The order includes designing, engineering and commissioning of STATCOMs at four substation locations of PGCIL: Ranchi, Rourkela, Kishenganj and Jeypore across the states of Bihar, Jharkhand and Odisha

Fitch revises outlook of 7 PSUs to stable from negative
Business

Fitch revises outlook of 7 PSUs to stable from negative

Global rating agency Fitch today revised its outlook on Issuer Default Ratings of seven state-owned firms, including GAIL, IOC and NTPC, to stable from negative.

ZTE Bags Enterprise Solutions Contract From Power Grid
Biztech

ZTE Bags Enterprise Solutions Contract From Power Grid

ZTE to provide fixed-network transmission services across India to PGCIL

Capex push tilts the scales for Power Grid, Citi laps it up
Business

Capex push tilts the scales for Power Grid, Citi laps it up

The Citi report makes it a point to mention that in the 11th Plan, Power Grid will push through a capital expenditure of Rs 48,900 crore as against a target of Rs 54,500 crore, implying an achievement of 89 percent of the target compared to 85 percent in the 10th Plan.