PFC stake sale over-subscribed; Govt nets Rs 1,600 crore
With the successful sale of 6.60 crore shares in Power Finance Corp (PFC) through a one-day OFS route at a floor price of Rs 254 apiece, the government would get over Rs 1,600 crore.
Jul 27, 2015, 17:52 PM IST
PFC stake sale fully subscribed, government may get Rs 1,600 cr
PFC is the second PSU to be divested in the current fiscal under the government's disinvestment programme.
Jul 27, 2015, 12:19 PM IST
Govt sets Power Finance offering base price at Rs 254/share
The government has set the base price for the offering of shares in state-run Power Finance Corp Ltd at Rs 254 a share, the company said on Saturday, a discount of 2.1 percent from Friday`s close.
Jul 25, 2015, 20:32 PM IST
Bond sales gain traction, jump 30% to $14.9 billion in Jan-Mar
India Inc continued to lap up debt in the January-March quarter, with proceeds touching USD 14.9 billion, a 29.9 percent jump from a year ago.
Apr 03, 2015, 21:59 PM IST
PFC gets shareholders' nod for raising up to Rs 44,000 cr
Shareholders have voted in favour of the fund raising plan along with proposal to enhance the borrowing power of the company.
Jun 20, 2014, 14:08 PM IST
