Power Finance Corporation

Type: Company
Name: Power Finance Corporation (Power Finance Corporation Limited)
First reported Apr 13 2014 - Updated Apr 13 2014 - 1 reports

Cos, banks raise $5.6 bn abroad so far this year

As domestic interest rate is likely to remain elevated for some more time, corporates and banks are hitting the international debt market with renewed interest and have mopped up a hefty $5.6 billion so far this year.Last year, India Inc raked in a whopping ... [Published Hindu Business Line - Apr 13 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 1 reports

Markets end lower on weak global cues; Sun shines again

Markets ended the day lower on the back of weak global cues, following a weak handover from the US markets, which fell after technology stocks plunged in trade.The Sensex ended the day lower by 86 points, while the Nifty dropped 20 points in trade at ... [Published Oneindia - Apr 11 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 1 reports

Sensex, Nifty fall on sharp declines in US Dow, Nasdaq

The Sensex and the Nifty fell in early trade, following a sharp decline in the US markets with the tech heavy US Nasdaq Composite seeing one of its worst declines since Nov 2011.The Sensex was trading lower by 156 points, while the Nifty dropped 45 points ... [Published Oneindia - Apr 11 2014]
First reported Apr 04 2014 - Updated Apr 05 2014 - 3 reports

PSU ETF makes strong debut; gains over 11%

Shares of the CPSE Exchange Traded Fund (ETF) made a stellar debut on Friday, both on the price and volume fronts.The ETF ended 11.17 per cent higher at ₹19.40 on the NSE as against the issue price of ₹17.45. In intra-day trades, it touched a high of ... [Published Hindu Business Line - Apr 04 2014]
First reported Apr 04 2014 - Updated Apr 04 2014 - 1 reports

PFC may slip to Rs 180: SP Tulsian

S"The net asset value ( NAV ) prop-up game of March 31, all got over. If you see OMCs like Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL), Indian Oil Corporation (IOC), similarly PFC, REC maybe the PSU banking stocks, ... [Published Moneycontrol.com - Apr 04 2014]
First reported Mar 31 2014 - Updated Apr 01 2014 - 2 reports

CIL offloads shares worth Rs. 550 crore in CPSE's ETF

The company has sold 2.2 crore shares amounting to Rs. 550.6 crore Coal India has sold shares worth over Rs. 550 crore towards the CPSE's (central public sector enterprises) exchange traded fund as part of government's disinvestment programme. The company ... [Published India Infoline - Apr 01 2014]
First reported Mar 28 2014 - Updated Mar 29 2014 - 1 reports

Power Finance : Dar (ECNEC APPROVES DASU (Rs.486 BILLION) AND HARPO POWER (Rs.9.5 BILLION) PROJECTS)

Federal Minister for Finance , Senator Mohammad Ishaq Dar chaired the meeting of the Executive Committee of the National Economic Council (ECNEC) here Friday and approved the summary of Ministry of Planning, Development and Reform for Dasu Hydro Power ... [Published 4 Traders - Mar 28 2014]
First reported Mar 28 2014 - Updated Mar 28 2014 - 1 reports

Power Finance Corporation's outcome of board meeting

have allotted 732 equity shares of Rs. 10/- each of the Company to the Employees upon exercise of stock options under the Companys Employee Stock Option Scheme i.e. PFC ESOP 2010 Scheme.P ower Finance Corporation Ltd has informed BSE that the Board of ... [Published Moneycontrol.com - Mar 28 2014]
First reported Mar 25 2014 - Updated Mar 26 2014 - 2 reports

Panasonic and Coronal Launch Energy Platform for U. S....

PR NewswireNEWARK, N.J., March 25, 2014Partners establish Coronal Municipal Energy Services joint venture with Global Investment Renewable to focus on public power projectsNEWARK, N.J.The Panasonic-Coronal team established a renewable energy platform ... [Published MSN Money - Mar 25 2014]
First reported Mar 25 2014 - Updated Mar 25 2014 - 2 reports

India Could Cut Wind-Farm Subsidies by Up to 78%: Report

According to reports, India could cut the cost of subsidizing wind energy by as much as two-thirds by introducing new policies to allow projects to raise cheaper, longer-term loans, according to a study. Helping wind farms and solar-power plants to reduce ... [Published Panchabuta-Renewable Energy & Cleantech in India - Mar 25 2014]
First reported Mar 19 2014 - Updated Mar 20 2014 - 2 reports

Public sector ETF a good option

One can paint a not-so-rosy picture of public sector units’ (PSUs) stocks. With absolute returns of only 15.6 per cent over the past five years, the NSE public sector enterprises index has underperformed the benchmark Nifty-50 at 132.4 per cent drastically. ... [Published Business Standard India - Mar 19 2014]
First reported Mar 19 2014 - Updated Mar 19 2014 - 2 reports

PFC falls after PFC Consulting transfer wholly owned subsidiary

Power Finance Corporation (PFC) fell onWednesday after its wholly owned subsidiary, PFC Consultingtransferred its wholly owned subsidiary, RAPP Transmission Company. Shares ofthe companyare trading at Rs177.95, down Rs 0.85, or 0.48% at the Bombay Stock ... [Published New Indian Express - Mar 19 2014]

Quotes

"The environment clearance from Union ministry of environment and forests was received on August 19, 2013 for a 612 MW capacity project. The DPR was updated with an installed capacity of 588 MW having single tunnel and submitted to Central Electricity Authority (CEA) on March 14, 2013 for techno economic clearance (TEC)" he said
"The portfolio is highly skewed towards energy, oil & gas sectors --- stocks that the Government wants to divest --- making CPSE ETF a risky bet for retail customers. Most won't understand the dynamics of how these sectors function and hence will never be able to understand take advantage of it" says a chief investment officer of a mutual fund house...
The Act requires every listed company to have at least one woman director within a year, and others reporting minimum revenue of ` " 300 crore have three years to comply. But many experts are questioning whether the purported light is for real. For, the Act does not clarify whether the women directors on the board have to be ‘functional directors’ – implying they are hands-on officers and part of the company – or can be ‘independent’ ones as well. Experts believe most organisations would try and take the easier way out by appointing ‘independent’ directors on their board once the new Act is enforced from 1 April."
"During Q4, business growth is likely to moderate for most NBFCs under our coverage. However, recoveries are likely to improve, in line with the seasonal trend, thus leading to lower provisions and improved NIMs. NIMs may improve QoQ, a trend typically seen for HFCs in Q4, while disbursements may pick-up for gold NBFCs on easing of regulations" Religare added

More Content

All (166) | News (160) | Reports (0) | Blogs (4) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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SJVN weighing funding options for Luhri project... [Published Times of India - 10 hours ago]
Bull's Eye: Buy Adani Port, NIIT Tech, Lupin, R... [Published Moneycontrol.com - Apr 17 2014]
Stock market prediction for April 14-18: Satish... [Published Moneycontrol.com - Apr 15 2014]
What’s the Cheapest Way to Start a Pop-Up Shop? [Published BoxFreeIT - Apr 14 2014]
Forex debt raising soars, touches $5.6 billion ... [Published NDTV Profit - Apr 13 2014]
Forex Debt Raising Soars, Touches $5.6 Bn So Fa... [Published Outlook India - Apr 13 2014]
Cos, banks raise $5.6 bn abroad so far this year [Published Hindu Business Line - Apr 13 2014]
Markets end lower on weak global cues; Sun shin... [Published Oneindia - Apr 11 2014]
State Bank mops up record $1.25bn in overseas b... [Published The Hindu - Apr 11 2014]
PFC may touch Rs 184: Kunal Bothra [Published India Everyday - Apr 11 2014]
Sensex, Nifty fall on sharp declines in US Dow,... [Published Oneindia - Apr 11 2014]
Deals - 10 April 2014 [Published In House Community - Apr 10 2014]
CPSE ETF only for high risk takers [Published Business Standard India - Apr 10 2014]
New Tax-Free Bonds On Offer [Published Outlook Money - Apr 10 2014]
Boardroom blues for women in PSUs [Published Millennium Post - Apr 09 2014]
Religare expects healthy earnings growth for pr... [Published MyIris - Apr 09 2014]
Resistance for Nifty at 6780-6800: Way2Wealth.com [Published Moneycontrol.com - Apr 09 2014]
The Double Agent and the Gorilla, Part 3 [Published Clean Technica - Apr 08 2014]
Markets open higher; Sun Pharma rallies on Ranb... [Published Oneindia - Apr 07 2014]
Reliance Power refutes AAP allegations on coal ... [Published Steel Guru - Apr 07 2014]
PSU hotties queue up to raise $5b in ECBs [Published Financial Chronicle - Apr 07 2014]
Stock market prediction for April 7-11: Satish ... [Published Moneycontrol.com - Apr 07 2014]
In-principle nod pending for two more UMPPs in ... [Published Business Standard India - Apr 06 2014]
Debenture redemption reserve blow to NBFCs [Published Livemint.com - Apr 06 2014]
Companies double fund raising via NCDs to Rs 43... [Published Business Standard India - Apr 06 2014]
Nigeria’s Soft Approach to Countering Terrorism... [Published This Day Online - Apr 05 2014]
CPSE ETF vaults 11% on day one, over 8 crore un... [Published Economic Times - Apr 05 2014]
Public sector ETF sizzles on debut [Published Calcutta Telegraph - Apr 05 2014]
PSU ETF makes strong debut; gains over 11% [Published Hindu Business Line - Apr 04 2014]
CPSE ETF debuts; surges over 11% [Published Business Standard India - Apr 04 2014]
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Blogs

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India Could Cut Wind-Farm Subsidies by Up to 78... [Published Panchabuta-Renewable Energy & Cleantech in India - Mar 25 2014]
According to reports, India could cut the cost of subsidizing wind energy by as much as two-thirds by introducing new policies to allow projects to raise cheaper, longer-term loans, according to a study. Helping wind farms and solar-power plants to reduce ...
India Could Cut Wind-Farm Subsidies by Up to 78... [Published Panchabuta - Cleantech & Renewable Energy in India - Mar 25 2014]
According to reports, India could cut the cost of subsidizing wind energy by as much as two-thirds by introducing new policies to allow projects to raise cheaper, longer-term loans, according to a study. Helping wind farms and solar-power plants to reduce ...
NIGERIA LAUNCHES NON-MILITARY APPROACH TO FIGHT... [Published Beegeagle's Blog - Mar 19 2014]
Colonel (rtd) Sambo Dasuki, Nigeria’s National Security Adviser PHOTO CREDIT: VANGUARD NEWSPAPERS PAN AFRICAN NEWS AGENCY 19-3-2014 Nigerian National Security Adviser (NSA), Col. Mohammed Sambo Dasuki, on Tuesday launched a non-military “soft” ...
Last Trading Day Of The Year - Full Recap [Published Zero Hedge - Dec 31 2013]
A year which showed that central planning works (for the fifth year in a row and probably can continue to "work" at least a little longer - in the USSR it surprised everyone with its longevity before it all came crashing down), is drawing to a close. ...
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