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POWER FINANCE CORP NEWS

Govt clears ETF plan; to raise R3,000 cr in FY14

January 11, 2014 2:43 am

Sources said that retail investors may be given a discount to encourage participation.

Short change: Companies mop up Rs 16,000 crore via retail NCDs during April-October

November 18, 2013 4:55 am

Nine non-banking finance companies,including Power Finance Corp (PFC),Housing and Urban Development Corp (HUDCO) and Rural Electrification Corp (REC) have tapped the NCD route looking to mop up Rs 4,975 crore.

Indian companies mop up Rs 16,000 cr via retail NCDs during Apr-Oct

November 17, 2013 12:22 pm

Indian companies have mopped up over Rs 16,000 crore in the current fiscal by issuing non- convertible debentures (NCDs) to retail investors,garnering nearly three times the amount that was targeted.

Power Finance Corp eyeing stake buy in state-run bank

May 30, 2013 2:28 pm

Indian power utilities have struggled to build new plants,as projects get mired in red tape.

S&P cuts rating outlook of 4 PSUs

April 25, 2012 4:55 pm

EXIM Bank and IIFCL were among those cos whose outlook has been slashed.

PFC to raise 1.5 bn rupees via bonds

March 21, 2012 10:15 am

The company was aiming to raise up to 30 bn rupees through bonds before the end of FY 2011/12: report.

Investment norms: Officers of 5 cash rich CPSEs to work out changes

February 04, 2012 1:28 am

However,the selection of the CPSEs is primarily on the basis of the idle cash surplus they held with low investment plans and their leadership position in that sector,sources said