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Had no power to interfere in day-to-day affairs of PFS: Chairman Rajib Kumar Mishra

PTC has been a performer. The company's power trading volumes are also increasing and in the quarter that ended in June, it was about 16 percent higher, Mishra said.

PFS remuneration committee initiates process to select new chief

According to sources familiar with the matter, the selection process for the new MD and CEO is anticipated to be concluded by October 19, aligning with the superannuation of the incumbent chief Pawan Singh.

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Govt to sell up to 4% stake in NMDC via OFS; fixes floor price of Rs 165 per share

The floor price for the offer shall be Rs 165 per equity share, NMDC informed the stock exchanges.

PFS Q3 net profit slips over 50% to Rs 21 crore

The company's net profit stood at Rs 43.06 crore in the October-December period previous fiscal.

PFS divests entire stake in IEX for Rs 132.54 crore

In a BSE filing, PFS said, "it has divested its entire stake in India Energy Exchange (IEX) for an amount of Rs 132.54 crore".

Stake sale proceeds to help strengthen balance sheet, propel growth: PTC India Fin

Ashok Haldia, MD & CEO, PTC India Financial Services said the proceeds from this stake sale will help strengthen balance sheet and augment their ability to grow further.

Uflex Engineers Multi Lane Automatic Linear Pick - Fill & Seal Machine

Packers for years have been grappling with the problem of narrow mouth opening of preformed Flat Bottom pouches or 3 Dimensional (3D) pouches on the ...

Uflex Launches Profile Pouch for Liquids with Sonically Sealed Spout

Ghee or clarified butter is an unmistakably important condiment of South Asian cuisine. Conventionally ghee has been marketed in ...

PFS, IIFCL collaborate to finance infra projects

As per the agreement, PFS and IIFCL will come together to provide a single window to promoters of infrastructure projects, particularly in energy sector, and facilitate their financing in India, the company said in a statement.

PFS launches lending scheme for infra projects

As part of the scheme, PFS will offer credit guarantee after detailed appraisal to eligible projects along with other financial institutions for providing partial guarantees for projects and the same shall be backed by adequate security, it added.

PFS divests holding in Ind-Barath Energy for Rs 312 cr

PTC India Financial Services (PFS) on Friday said that it has divested its entire stake in Ind-Barath Energy (Utkal) for Rs 311.93 crore.

ICRA revises rating for NCDs, bank lines of PTC India

ICRA has revised the rating from [ICRA]A+ to [ICRA]A assigned to Rs 700 crore Non-convertible Debenture (NCD) programme and Rs 425 crore long term bank lines of PTC India Financial Services Limited (PFS). The outlook on the long-term rating is 'Stable'.

PFS to own stake in Singapore's Asian Genco

PTC India Financial Services (PFS) will swap its holding in East Coast Energy, a part of Asian Genco for a stake the in Singapore-based energy firm.

CRISIL assigns grade 3/5 to PTC India Financial IPO

CRISIL Equities has assigned a grade of 3/5 to the proposed initial public offer (IPO) of PTC India Financial Services Limited (PFS), which indicates that the fundamentals of the IPO are average relative to other listed equity securities in India, according to report dated March 01, 2011.

PFS IPO size may not be Rs 700 crore: PTC

PTC India Financial Services (PFS) promoted by PTC India Ltd (PTC) will sell 12.75 crore shares via initial public offering (IPO).