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Total 30 results found. Search for [ PFC-REC deal ]

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PTI
March 28, 2019



PTI
March 28, 2019
As part of the deal, Infosys will acquire 75 per cent of the shareholding in Stater, while ABN AMRO will continue to hold the remaining 25 per cent, Infosys said in a statement.


PTI
New Delhi, March 28, 2019
The transaction has helped the government meet its disinvestment target of Rs 80,000 crore for the current financial year


PTI
March 28, 2019



BusinessToday.In
March 27, 2019
Share Market Live updates: While the Sensex fell 100 points to 38,132 level, the Nifty lost 38 points to 11,445. Top Sensex losers were NTPC (2.25%), Tata Motors (1.85%) and Bharti Airtel (1.49%).


PTI
March 26, 2019



PTI
New Delhi, March 22, 2019
The government has mopped up Rs 9,500 crore from the fifth tranche of CPSE ETF and Rs 14,500 crore from the REC-PFC deal.


PTI
March 22, 2019



PTI
March 21, 2019
As per the proposal, PFC will acquire about 104 crore shares or 52.63 per cent of the government stake in the REC at Rs 139.50 per share.


PTI
March 20, 2019



PTI
February 24, 2019
REC's cumulative foreign debt stands at around $1.85 billion which will mature in phases till 2028 and the state-owned company has initiated the exercise of obtaining the consent of these lenders.


PTI
February 24, 2019



PTI
December 27, 2018



Nevin John
New Delhi, December 20, 2018
The bankrupt companies, which are facing insolvency, were the major booster for the M&A record this year.


BusinessToday.In
New Delhi, December 13, 2018
Both Moody's and India-Ratings said that the merger deal has prompted a review of both the companies' credit ratings, warning that the acquisition will increase the leverage of PFC and have an impact on PFC's return on assets and return on equity.


PTI
December 9, 2018
The Cabinet Committee on Economic Affairs on December 6 gave in-principle approval to the acquisition of the government stake in Rural Electrification Corporation by PFC.


PTI
December 9, 2018



PTI
December 6, 2018



PTI
December 6, 2018



BusinessToday.In
December 6, 2018
The Finance Minister said that the deal is expected to closed by the March 31, 2019. A ministerial panel, including secretaries, is also working out modalities and pricing issues of the PFC-REC deal.


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