News for Power Finance Corporation Limited (PFC.NS)

India-Business News: Sebi's investigation uncovered alleged financial irregularities at Gensol Engineering, including no manufacturing activity at its EV plant despite gra

In a dramatic turn of events, regulator Sebi, through its interim order on Tuesday, barred the Jaggi brothers from accessing the securities markets until further notice. The action comes amid accusations of siphoning off loan funds from their publicly listed company Gensol Engineering for personal use, raising concerns over corporate governance and financial misconduct.

Anmol Singh Jaggi and Puneet Singh Jaggi, directors of Gensol, have been accused of securities fraud and forgery by Sebi, India’s market regulator. How did the Jaggi brothers, sons of a decorated army officer, go from being celebrated entrepreneurs to being accused of siphoning off money?

Brothers Anmol and Puneet Jaggi, once celebrated figures in India's renewable energy sector with Gensol Engineering and BluSmart Mobility, are now under scrutiny. SEBI has barred them from the securities market, alleging fund misappropriation from Gensol for personal use.

To save on long-term capital gains tax, investors can utilize Section 54EC by investing in specific long-term bonds, which are notified by the government. With a new income tax bill coming into effect starting April 1, 2026, understanding eligible bonds is crucial. At present, only some public sector enterprises have been mandated by the government to issue 54EC bonds. Read on to know more.

Stocks including Infosys, UltraTech, HCL Technologies, HAL, Asian Paints, BEL, Jio Financial, PFC, Adani Green, ABFRL, Raymond and CESC will be in the spotlight on Friday, March 28.

Adani Energy Solutions Ltd., announced on Thursday that it has completed the acquisition of wholly owned subsidiary of PFC Consulting Ltd. State-owned Power Finance Corporation Ltd.'s arm PFC Consulting Ltd.'s special purpose vehicle to set up an electricity transmission system has been transferred to Adani Energy Solutions Ltd. on March 20, according to an exchange filing.

Gensol share price: GEL will sell 2,997 EVs (₹315 crore) and its subsidiary (₹350 crore), which will cut debt by ₹665 crore.

Tax-free bonds offer senior citizens a tax-efficient investment option with attractive yields and capital preservation benefits.

Buzzing Stocks Today, Stocks that will see action today: February 17, 2025 - Wipro, EMS, Fineotex Chem, BEL, BHEL, Kitex Garments, Alembic Pharma, JSW Energy, Uno Minda

Feb 12, 2025 / 10:00AM GMTOperator Ladies and gentlemen, good day and welcome to the Power Finance Corporation Limited 3Q FY25 conference call hosted by Equirus

Juniper Green Energy secures $1 billion in debt financing for renewable projects, strengthening operational capacity and meeting clean energy demand.

Buzzing stocks, stocks to watch: Indian Bank, TVS Motor, Bajaj Healthcare, Ravindra Energy, BPCL, AIA Engineering, IREDA, AstraZeneca, MobiKwik, HFCL, PFC, PowerGrid, Mastek, Satin Creditcare, IRCTC

Sensex declines by 451 points as JSW Energy experiences a significant dip.

Reliance Power said the proceeds of the loan would be utilised for general corporate purposes including future investment of the group in renewable energy projects and flue gas desulfurization capex of Rosa.

Osho Krishan, Senior Research Analyst - Technical & Derivatives at Angel One, on Wednesday said the market saw a decent recovery in the past few sessions. Index...

If an assessee sells land, the resulting gains are taxable under Section 112 of the Income Tax Act, 1961.

Stocks including Zomato, Escorts Kubota, RVNL, Cochin Shipyard, Alembic Pharma, RITES, Auro Pharma, HG Infra, CESC and more will be in the spotlight on Monday, November 26.

Nov 08, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day and welcome to Power Finance Corporation Limited Q2 H1 FY25 conference call hosted by Securiti