TP Central Odisha Distribution Ltd (TPCODL) carries out the business of Central Electricity Supply Utility of Odisha (CESU). The acquisition paves the way for taking over the power supply business of five cities in Odisha by Tata Power Shares of Tata Power on Tuesday rose 7 per cent after the company said it has completed […]
PFS gets Rs 500 cr long-term loan from Bank of India
“We will use this loan to further expand our lending portfolio in infrastructure projects and other operational requirements,” said PFS Managing Director and CEO Pawan Singh New Delhi: PTC India Financial services (PFS) on Monday said it has been sanctioned fresh long-term loan of Rs 500 crore from Bank of India for onward lending to […]
Jain Irrigations tanks 22% on rating downgrade, hits 14-year low
The rating agency said the downgrade reflects deterioration in the liquidity profile of JISL on account of a delay in the realisation of its receivables from its micro-irrigation systems (MIS) segment Shares of Jain Irrigation Systems (JISL) tanked 22 per cent to Rs 21.25 on the National Stock Exchange (NSE) on Wednesday after rating agency […]