Thursday, Dec 01, 2022



Success of REC issue a boost for Centre’s divestment strategy

April 13, 2015 12:00 am

REC stock sale reveals there is appetite for well managed Offer for Sale issues if valuations are attractive.

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.

Creating wealth through tax-free bonds

December 09, 2013 1:23 am

If you have an investment amount that you will not need over the next 10 years or so,it makes good sense to invest in tax-free bonds

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.

Briefly Business: Ponzi operators to face fines worth 3-times of profits

August 28, 2013 2:05 am

Operators of illegal money-pooling schemes will soon face penalties of up to three times the profit made by them.

REC mulls investment in equities

July 03, 2011 3:51 pm

Looking to increase its revenues,REC is also looking at underwriting loans for power projects.

REC yearly profit surges 28% to Rs 2,584.90 cr

May 24, 2011 8:29 pm

Rural Electrification Corporation (REC) posted a 28 per cent increase in its consolidated profit.

REC seeks to raise FII stake

September 08, 2010 1:57 pm

India's state-run lender Rural Electrification Corp is seeking central bank approval to raise FII stake.

PowerMin mulls Rs 50,000 cr fund for projects

August 04, 2010 4:26 pm

The Power Ministry is considering setting up of a Rs 50,000 crore fund for financing projects...

Govt to list 35 PSUs; targets Rs 1.5 lakh cr

June 09, 2010 12:19 pm

The government would list 35 PSUs on stock markets over the next five years.