New Delhi, Mar 31 PFC and REC, Navratna CPSEs under Ministry of Power, are the prime financiers of Indian Power Sector capturing a significant market share in financing Indian Power Sector. PFC and REC as group companies have been aligning
New Delhi, Mar 31 Prices of crude oil and petroleum products in the international market have been on a constant uptrend since November 2020. As India is largely import-dependent on crude oil and the prices are market-linked, the increase in
New Delhi, March 31 India’s budgetary fiscal deficit for the April-February 2020-21 period stood at Rs 14.05 lakh crore, or 76 per cent of the revised estimates (RE). The 2020-21 deficit — the difference between revenue and expenditure — had been
Mumbai, March 31 Sterling and Wilson Solar Solutions, Inc (SWSS), the US subsidiary of Sterling and Wilson Solar Ltd (SWSL) has announced that it has signed an order worth $121.7 million (Rs 890 crore) in the Pacific Northwest region of
Dhaka, March 31 GE on Wednesday announced that it will be providing maintenance services and a suite of digital solutions for the upcoming 718-megawatt (MW) combined cycle power plant at Meghnaghat, Narayanganj, Bangladesh owned by Reliance Bangladesh LNG & Power
Shenzhen (China), March 31 Despite operational difficulties brought about by US sanctions, Chinese conglomerate Huawei’s sales in 2020 reached 891.4 billion yuan ($136 billion), up 3.8 per cent year-on-year, and its net profit reached 64.6 billion yuan ($9.86 billion), up
New Delhi, March 31, 2021: Indraprastha Gas Limited (IGL), the largest Compressed Natural Gas (CNG) distribution company in the country today signed a long term gas supply agreement with Delhi Transport Corporation (DTC), to supply CNG for a period of ten
New Delhi, Mar 31 Power Finance Corporation (PFC) as lead FI and PNB as co-lender of the consortium, completes successful resolution of stressed asset – 4×30 MW Rangit-IV HEP of Jal Power Corporation Ltd (JPCL) and handed over the project
Dhaka, March 31 GE on Wednesday announced that it will be providing maintenance services and a suite of digital solutions for the upcoming 718-megawatt (MW) combined cycle power plant at Meghnaghat, Narayanganj, Bangladesh owned by Reliance Bangladesh LNG & Power
Mumbai, March 31 By 2025, digital payments collectively in India would account for 71.7 per cent of overall payments volume, leaving cash and cheques at 28.3 per cent, said a new report on Wednesday. In 2020, the transaction volume share
Mumbai, March 31 Lending major State Bank of India (SBI) has entered into a loan agreement amounting up to $1 billion with Japanese government owned financial institution, JBIC. According to the lender, the loan is intended to promote ‘smooth flow
Gurugram, March 31 The South Korean giant on Wednesday announced the launch of Samsung TV Plus, a service which offers consumers ad-supported select live channels and on-demand videos, with no additional device such as a set top box, in the
New Delhi, March 31 Bharti Airtel on Wednesday announced it has received empanelment by Computer Emergency Response Team (CERT-In) – national incident response centre for cyber incidents across the country. With this empanelment, Airtel will be able to offer its cyber
Mumbai, March 31 The Reserve Bank of India (RBI) on Wednesday said that Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) will charge an applicable average base rate of 7.81 per cent from their borrowers during the April-June quarter. The
Chennai, March 31 Vedanta Ltd is planning to set up a 5,00,000 ton per annum (tpa) copper smelter plant in a coastal region in India. Is Vedanta Ltd planning to shift its 400,000 tpa copper smelter plant in Tuticorin —
New Delhi, March 31 PC and printing major HP is all set to partner a leading Taiwanese smartphone processor brand for their new Chromebook device that will arrive in India early next week at a starting price of nearly Rs
Beijing, March 31 China sent a new Earth observation satellite into space from the Jiuquan Satellite Launch Center in northwest China at 6.45 a.m. on Wednesday (Beijing time). The satellite, Gaofen-12 02, was launched aboard a Long March-4C rocket and
New Delhi, March 31 March 31 is the deadline for submitting applications for setting up a pan-India umbrella entity for retail payments. The Reserve Bank of India in February had extended the date to March 31 after it received requests
ew Delhi, March 31 As per the directives of the Central Board of Direct Taxes (CBDT), it is mandatory for all Permanent Account Number (PAN) card holders to link their Aadhaar with PAN on or before March 31. ‘If your
New Delhi, March 31 Budget airline SpiceJet has entered into a Memorandum of Understanding (MoU) with Avenue Capital Group, New York for financing, acquisition and sale and lease-back of new planes. Accordingly, the Avenue Capital Group are specialists in the
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