Power Finance Corporation
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Power Finance Corporation June Quarter Profit Up Marginally At Rs 4,580 Crore
State-owned Power Finance Corporation (PFC) on Friday posted a marginal rise in consolidated net profit at Rs 4,579.53 crore for June quarter 2022-23.
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Former SREI Group Promotors Slam Auditor's Report On Alleged Fraud, Mull Legal Action
Kanoria family, erstwhile promoters of SREI group, has slammed the firm's transaction auditor's report for calling loans to power sector as fraudulent
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Power Finance Corporation March Quarter Profit Soars 10% To Rs 4,295 Crore
Power Finance Corporation on Wednesday posted a nearly 10 per cent rise in the consolidated net profit at Rs 4,295.90 crore
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Distribution Companies' Dues To Power Producers Rise 4% In May
Total outstanding dues of electricity distribution companies to power producers rose by 4.04 per cent year-on-year to Rs 1,21,765 crore in May 2022
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Power Finance Corporation, REC Cut Down Lending Rates
Power Finance Corporation and Rural Electrification Corporation have further cut down their lending rates for all kinds of loans, by 40 basis points
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CBI Files Chargesheet Against Jagan Reddy's Party MP, 15 Others In Loan Fraud Case
CBI has filed a charge sheet against YSR Congress MP Raghu Ramkrishna Raju and 15 other individuals and companies in connection with alleged loan fraud case of Rs 947 crore with Power Finance Corporation Limited (PFC), other lenders, officials said.
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Top 6 Undervalued Stocks To Add To Your Watchlist
These six stocks are the most undervalued stocks in the market right now.
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Power Finance Corporation Gets Maharatna Company Status
Government has accorded "Maharatna" status to Power Finance Corporation, thus making it the 11th state-owned entity in the country to become one
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Power Finance Corporation Net Profit Records 28% Jump For June-End Quarter
Power Finance Corporation recorded a 28 per cent increase in its net profit for June-end quarter of 2021-22 which stood at Rs 4,554 crore.
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Power Finance Gains After Reporting Rs 8,444 Crore Profit In March Quarter
Power Finance Share Price: On Wednesday, Power Finance Corporation opened on the BSE at Rs 129.30, swinging to an intra day high of Rs 132.85, and an intra day low of Rs 128.50, so far
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Government Asks Power Companies To Cap Surcharge On Late Payments
The government has taken several measures to mitigate the impact which include rebate on capacity charges, relaxing provisions of letter of credit for scheduling of power and liquidity infusion scheme.
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CBI Probes 2 IAS Officers In UP Power Firm Provident Fund Scam: Report
The CBI has questioned senior IAS officers Alok Kumar and Aparna U in connection with alleged irregularities in the investment of over Rs 4,300 crore of provident fund of Uttar Pradesh Power Corporation Limited (UPPCL) employees in the scam-hit DHFL and other housing finance companies, sources said on Sunday.
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As Blame Game Rages, Former Uttar Pradesh Discom Head Arrested In Provident Fund Scam
A former top official with Uttar Pradesh's power department was arrested in Lucknow on Tuesday morning amid a political tussle over an alleged Rs 2,500-crore scam involving the Dewan Housing Finance Limited (DHFL), a private firm accused of money laundering and financial irregularities. Two other officials were taken into custody a few days ago.
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Former UP Power Official Arrested In 2,600 Crore Fraud Case
Former managing director of Uttar Pradesh Power Corporation Limited AP Mishra was arrested on Tuesday in connection with the investment of over Rs 2,600 crore of the state power employees' provident fund in scam-hit housing finance firm DHFL.
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Samajwadi Party Demands Sacking Of UP Minister Over Provident Fund Scam
The Samajwadi Party (SP) on Monday demanded a probe by a sitting high court judge into the investment of over Rs 2,600 crore of UP power corporation employees' provident fund in scam-hit housing finance firm DHFL.
-
Power Finance Corporation June Quarter Profit Up Marginally At Rs 4,580 Crore
State-owned Power Finance Corporation (PFC) on Friday posted a marginal rise in consolidated net profit at Rs 4,579.53 crore for June quarter 2022-23.
-
Former SREI Group Promotors Slam Auditor's Report On Alleged Fraud, Mull Legal Action
Kanoria family, erstwhile promoters of SREI group, has slammed the firm's transaction auditor's report for calling loans to power sector as fraudulent
-
Power Finance Corporation March Quarter Profit Soars 10% To Rs 4,295 Crore
Power Finance Corporation on Wednesday posted a nearly 10 per cent rise in the consolidated net profit at Rs 4,295.90 crore
-
Distribution Companies' Dues To Power Producers Rise 4% In May
Total outstanding dues of electricity distribution companies to power producers rose by 4.04 per cent year-on-year to Rs 1,21,765 crore in May 2022
-
Power Finance Corporation, REC Cut Down Lending Rates
Power Finance Corporation and Rural Electrification Corporation have further cut down their lending rates for all kinds of loans, by 40 basis points
-
CBI Files Chargesheet Against Jagan Reddy's Party MP, 15 Others In Loan Fraud Case
CBI has filed a charge sheet against YSR Congress MP Raghu Ramkrishna Raju and 15 other individuals and companies in connection with alleged loan fraud case of Rs 947 crore with Power Finance Corporation Limited (PFC), other lenders, officials said.
-
Top 6 Undervalued Stocks To Add To Your Watchlist
These six stocks are the most undervalued stocks in the market right now.
-
Power Finance Corporation Gets Maharatna Company Status
Government has accorded "Maharatna" status to Power Finance Corporation, thus making it the 11th state-owned entity in the country to become one
-
Power Finance Corporation Net Profit Records 28% Jump For June-End Quarter
Power Finance Corporation recorded a 28 per cent increase in its net profit for June-end quarter of 2021-22 which stood at Rs 4,554 crore.
-
Power Finance Gains After Reporting Rs 8,444 Crore Profit In March Quarter
Power Finance Share Price: On Wednesday, Power Finance Corporation opened on the BSE at Rs 129.30, swinging to an intra day high of Rs 132.85, and an intra day low of Rs 128.50, so far
-
Government Asks Power Companies To Cap Surcharge On Late Payments
The government has taken several measures to mitigate the impact which include rebate on capacity charges, relaxing provisions of letter of credit for scheduling of power and liquidity infusion scheme.
-
CBI Probes 2 IAS Officers In UP Power Firm Provident Fund Scam: Report
The CBI has questioned senior IAS officers Alok Kumar and Aparna U in connection with alleged irregularities in the investment of over Rs 4,300 crore of provident fund of Uttar Pradesh Power Corporation Limited (UPPCL) employees in the scam-hit DHFL and other housing finance companies, sources said on Sunday.
-
As Blame Game Rages, Former Uttar Pradesh Discom Head Arrested In Provident Fund Scam
A former top official with Uttar Pradesh's power department was arrested in Lucknow on Tuesday morning amid a political tussle over an alleged Rs 2,500-crore scam involving the Dewan Housing Finance Limited (DHFL), a private firm accused of money laundering and financial irregularities. Two other officials were taken into custody a few days ago.
-
Former UP Power Official Arrested In 2,600 Crore Fraud Case
Former managing director of Uttar Pradesh Power Corporation Limited AP Mishra was arrested on Tuesday in connection with the investment of over Rs 2,600 crore of the state power employees' provident fund in scam-hit housing finance firm DHFL.
-
Samajwadi Party Demands Sacking Of UP Minister Over Provident Fund Scam
The Samajwadi Party (SP) on Monday demanded a probe by a sitting high court judge into the investment of over Rs 2,600 crore of UP power corporation employees' provident fund in scam-hit housing finance firm DHFL.
