Ptc

The non-banking financial subsidiary of PTC India has been under a regulatory scanner for over two years since three independent directors resigned from the company’s board flagging concerns over corporate governance issues on January 19, 2022.

ONGC wins bid to acquire PTC's wind power unit for Rs 925 crore

In a stock exchange filing, India's top oil and gas producer said it has over the years diversified into the petrochemicals and power business besides growing its core business of finding hydrocarbons.

PTC India net up 5.62% to Rs 143 crore in June quarter

The consolidated net profit of the company stood at Rs 135.10 crore in the quarter ended on June 30, 2022, the company said in a regulatory filing.

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Our specially curated package of the big stories to help you stay at the top of your game.

MC Exclusive | JSW Energy to set up 3,800-tonne green hydrogen plant in Karnataka, sign 7-year supply deal with JSW Steel

The company intends to spend Rs 85,000 crore in the next seven years under its recently unveiled ‘Strategy 2.0’ initiative, wherein it aims to increase its generation capacity to 20 GW and energy storage of 40 GWh/5GW by 2030.

PTC India gets 3,500 MW renewable energy supply offers against 1,000 MW sought

This is a first-of-its-kind development in the Indian power market wherein a trading licensee intended to purchase renewable power for onward sale through market linked products

Hindustan Power Exchange begins operation

HPX is the third power exchange in the country as Indian Energy Exchange and Power Exchange of India Ltd are already operational.

ITC Infotech pays $33 million to PTC under deal to partially acquire American company's PLM business

As per an agreement announced on April 22, ITC Infotech will acquire a substantial portion of PTC’s product lifecycle management (PLM) consulting and professional services business.

ITC Infotech, PTC join hands to accelerate customer digital transformation initiatives

New Delhi, Apr 22 ITC Infotech on Friday said it will acquire a portion of Nasdaq-listed PTC's product lifecycle management (PLM) implementation ser..

SEBI feels mutual funds have full flexibility on PTCs, no further relaxations needed

PTCs are certificates given to the investors including banks and mutual funds, where repayment comes from a basket or pool of underlying loans, usually loans taken by individuals.

PTC India bags consulting projects worth Rs 75cr from EESL

PTC India will now manage EESL's flagship Street Light National Program (SLNP) in Gujarat, Bihar, Maharashtra, Jammu & Kashmir and West Bengal.

BSE files petition with CERC for development of new power exchange in India

The proposed power exchange will offer the market participants a credible power trading platform.

PTC India begins supply of 126 MW wind power to UP, Bihar, Jharkhand, Odisha

According to statement, the commissioned capacities are part of Ministry of New and Renewable Energy Wind Scheme (Tranche-I) of 1050 MW in Jun 2016.

Securitisation market volume clips past $1.02 trillion in FY17

The securitisation transactions surged 47 per cent to go past the trillion dollar mark in fiscal 2017 despite two speed-breakers -- demonetisation, and the advent of priority sector lending certificates (PSLCs).

80% of sanctions in Q3 for renewable sector: PTC Fin Svcs

In Q3 results released on Monday, the company said its net profit had risen 19.8 percent year-on-year to Rs 83.2 crore.

Uflex Transforms Tortilla Chips` Packaging for America`s Healthiest Grocery Store

Some four months ago, America’s Healthiest Grocery Store, Whole Foods Market approached India’s largest multinational flexible ...

New Quad Seal Registered Gusset Pouch by Uflex is Ruling the Roost on International Retail Shelves

Amid ever intensifying retail competition, one strategy that no brand can afford to falter upon is ‘Eye Catching’ packaging. In ...

DHFL takes 50% stake in Pramerica AMC

"The company on August 11, 2015, acquired 50 percent equity stake in Pramerica Asset Managers Private Limited, the asset management company of Pramerica Mutual Fund, and Pramerica Trustees Private Limited, the trustee for the Pramerica Mutual Fund, from PGLH of Delaware (Prudential)," it said in a BSE filing.

Nikhil Vora bets on Bharti, Idea, pharma cos

Nikhil Vora, Managing Director & Head - Research of IDFC Securities is bullish on United Spirits.

Stocks in news: Infosys, Dhanlaxmi Bank, Tata Tele

Dhanlaxmi Bank | PTC India Financial | ENIL | ING Vysya Bank | ABB | Jindal Poly | Redington | Jaypee Infratech | Hero MotoCorp | Infosys | Jet Airways and Dr Reddys Labs are stocks, which are in the news today.

Securitisation market adapting well to revised norms:CRISIL

The Indian securitisation market is adjusting well to the revised securitisation guidelines issued by the Reserve Bank of India in May 2012. After a brief pause following their introduction, market activity has resumed, says CRISIL Ratings.

Buy PTC, IDFC; Sell Jet Airway, Amb Cement: Pankaj Jain

In CNBC-TV18's popular show Bull's Eye, Pankaj Jain, Sunteck Wealthmax shares trading strategy of the day.

PTC Completes First Phase Of PLM Implementation In India

DRDO has selected Windchill, PTC's PLM software, over all major providers participating for Combat Vehicles Research and Development Establishment.

Positive on PTC, Tata Power: Prabhudas Lilladher

Prabhudas Lilladher has come out with its report on power sector. According to the research firm, in the near term, recoveries of principal and interest (on optimistic note) from SEBs will be positive for companies like PTC and Tata Power trading.

Power fin cos hail TN tariff hike, say others must follow

CNBC-TV18 caught up with HD Khunteta, director of finance, REC; Harshvardhan Dole, power analyst at IIFL and SK Tuteja of the Shunglu Committee for a discussion on the 37% power tariff hike that Tamil Nadu has taken for the first time in nine years.