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  • Buy Power Finance Corporation; target of Rs 220: Emkay Global Financial Aug 18, 2021 01:45 PM IST

    Buy Power Finance Corporation; target of Rs 220: Emkay Global Financial

    Emkay Global Financial is bullish on Power Finance Corporation has recommended buy rating on the stock with a target price of Rs 220 in its research report dated August 13, 2021.

  • PFC net profit up 28% at Rs 4,554 crore in June quarter Aug 12, 2021 04:48 PM IST

    PFC net profit up 28% at Rs 4,554 crore in June quarter

    Its consolidated net profit was Rs 3,557.23 crore in the quarter ended June 30, 2020, a BSE filing said.

  • Hello World | India’s tech IPOs, debt and frugality Jul 07, 2021 12:41 PM IST

    Hello World | India’s tech IPOs, debt and frugality

    Going public will force Indian tech companies into an era of frugality.

  • Power Finance Consolidated March 2021 Net Sales at Rs 18,148.72 crore, up 12.08% Y-o-Y Jun 17, 2021 09:00 AM IST

    Power Finance Consolidated March 2021 Net Sales at Rs 18,148.72 crore, up 12.08% Y-o-Y

  • Power Finance Standalone March 2021 Net Sales at Rs 9,672.29 crore, up 1.26% Y-o-Y Jun 16, 2021 12:00 PM IST

    Power Finance Standalone March 2021 Net Sales at Rs 9,672.29 crore, up 1.26% Y-o-Y

  • PFC, REC reduce lending rates by up to 2 percentage points from April 1 Mar 31, 2021 09:10 PM IST

    PFC, REC reduce lending rates by up to 2 percentage points from April 1

    The new lending rates will be effective from April 1, 2021. This initiative was undertaken to offer competitive rates, in line with the rates being offered by peers in the market.

  • NSE to make changes in index maintenance guidelines, criteria from March 31; Tata Consumer to replace GAIL in Nifty50 Feb 23, 2021 07:49 PM IST

    NSE to make changes in index maintenance guidelines, criteria from March 31; Tata Consumer to replace GAIL in Nifty50

    The exchange's Index Maintenance Sub-Committee (Equity) decided to make replacements in the indices as part of its periodic review.

  • Power Finance Standalone December 2020 Net Sales at Rs 10,083.91 crore, up 22.81% Y-o-Y Feb 16, 2021 09:44 AM IST

    Power Finance Standalone December 2020 Net Sales at Rs 10,083.91 crore, up 22.81% Y-o-Y

  • Power Finance Corporation net up 17% at Rs 3,963 crore in December quarter Feb 11, 2021 05:07 PM IST

    Power Finance Corporation net up 17% at Rs 3,963 crore in December quarter

    The firm's total income rose to Rs 18,441.72 crore in the quarter under consideration from Rs 15,878.04 crore in the same period a year ago.

  • Power Finance Corporation raises $500 million via notes Jan 22, 2021 10:52 PM IST

    Power Finance Corporation raises $500 million via notes

    The notes represent direct, unconditional and unsecured obligations of the PFC and will rank pari passu among themselves and all other unsecured obligations of the issuer.

  • PFC Rs 5K crore bonds issue over-subscribed, closed 11 days ahead of schedule Jan 18, 2021 07:35 PM IST

    PFC Rs 5K crore bonds issue over-subscribed, closed 11 days ahead of schedule

    The first tranche of Rs 5,000 crore, including Rs 4,500 crore green-shoe option, opened for subscription on Friday (January 15) and was scheduled to close on January 29.

  • Power Finance Corporation's Rs 5,000 crore bond issue for individual buyers opens on Friday; more to follow Jan 14, 2021 02:43 PM IST

    Power Finance Corporation's Rs 5,000 crore bond issue for individual buyers opens on Friday; more to follow

    PFC had previously sold tax-free infrastructure bonds to retail investors and this would be its maiden taxable issuance to individual buyers.

  • PFC to raise Rs 10,000 crore through bonds issue; 1st tranche to open January 15 Jan 12, 2021 06:50 PM IST

    PFC to raise Rs 10,000 crore through bonds issue; 1st tranche to open January 15

    PFC had previously sold tax-free infrastructure bonds to retail investors and this would be its maiden taxable issuance to individual buyers.

  • Power Finance Corporation raises borrowing limit to Rs 1.18 lakh crore Jan 02, 2021 06:28 PM IST

    Power Finance Corporation raises borrowing limit to Rs 1.18 lakh crore

    The company now plans to raise a maximum of Rs 83,000 crore from long-term borrowing, Rs 15,000 crore from long-term foreign currency borrowing, Rs 5,000 crore from short-term borrowing and Rs 15,000 crore from commercial papers, a statement issued by PFC said.

  • PFC net profit jumps 72% to Rs 4,290 crore in September quarter Nov 12, 2020 04:52 PM IST

    PFC net profit jumps 72% to Rs 4,290 crore in September quarter

    The company's net profit was Rs 2,497 crore in the quarter ended September 30, 2019, a BSE filing said.

  • Power Finance Corporation to seek shareholders' nod to raise borrowing limit Sep 07, 2020 08:07 PM IST

    Power Finance Corporation to seek shareholders' nod to raise borrowing limit

    As per the notice, now a special resolution has been proposed for increasing the borrowing limit in the annual general meeting (AGM) on September 29.

  • Power Finance Consolidated June 2020 Net Sales at Rs 16,914.05 crore, up 15.86% Y-o-Y Aug 14, 2020 11:55 AM IST

    Power Finance Consolidated June 2020 Net Sales at Rs 16,914.05 crore, up 15.86% Y-o-Y

  • Power Finance Standalone June 2020 Net Sales at Rs 8,757.67 crore, up 15.53% Y-o-Y Aug 14, 2020 11:54 AM IST

    Power Finance Standalone June 2020 Net Sales at Rs 8,757.67 crore, up 15.53% Y-o-Y

  • Power Finance Corporation Q1 net profit up 23% to Rs 3,557 crore Aug 13, 2020 06:31 PM IST

    Power Finance Corporation Q1 net profit up 23% to Rs 3,557 crore

    Total expenses stood at Rs 12,311.18 crore as against Rs 10,553.42 crore in April-June 2019.

  • Govt likely to hike liquidity package for discoms to Rs 1.25 lakh crore Jul 03, 2020 07:05 PM IST

    Govt likely to hike liquidity package for discoms to Rs 1.25 lakh crore

    Singh said that the states have requested for a hike in the liquidity package and extension of period outstanding dues by few more months due to the impact of COVID-19 induced lockdown.

  • Power Finance Corporation sanctions over Rs 1 lakh crore loans for power projects in FY20 Jun 25, 2020 06:20 PM IST

    Power Finance Corporation sanctions over Rs 1 lakh crore loans for power projects in FY20

    PFC, under the administrative control of the Ministry of Power, is the largest non-banking financial corporation (NBFC) in power sector in India.

  • Power Finance Standalone March 2020 Net Sales at Rs 9,552.38 crore, up 24.04% Y-o-Y Jun 25, 2020 09:25 AM IST

    Power Finance Standalone March 2020 Net Sales at Rs 9,552.38 crore, up 24.04% Y-o-Y

  • Power Finance Consolidated March 2020 Net Sales at Rs 16,192.73 crore, up 12.64% Y-o-Y Jun 25, 2020 09:15 AM IST

    Power Finance Consolidated March 2020 Net Sales at Rs 16,192.73 crore, up 12.64% Y-o-Y

  • PFC Q4 net profit down nearly 80% at Rs 693.71 crore Jun 24, 2020 04:32 PM IST

    PFC Q4 net profit down nearly 80% at Rs 693.71 crore

    Total income during the quarter under review rose to Rs 16,254.65 crore from Rs 14,387.92 crore in the year-ago quarter.

  • PFC to fund projects worth Rs 22K crore in Madhya Pradesh May 26, 2020 07:14 PM IST

    PFC to fund projects worth Rs 22K crore in Madhya Pradesh

    The MoU was signed on a virtual platform by Rajeev Sharma, CMD, PFC and I C P Keshari, Managing Director, NBPCL.

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