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According to the statement, REC Ltd, under the Ministry of Power and a leading NBFC, has received a 'No Objection Certificate' (NOC) from the Reserve Bank of India (RBI) for setting up a subsidiary in Gujarat International Finance Tech-City (GIFT) in Gandhinagar, Gujarat.
Rt. Hon. Rukia Nakaddama, 3rd Deputy Prime Minister of Uganda launches the Huawei cloud startup program in Uganda.
(MC) State-owned REC Ltd on April 30 reported a net profit of Rs 4,079.09 crore for the quarter ending March 31, 2024, which is about 33 percent higher as compared to the year-ago period. The company's net profit in the fourth quarter of the previous fiscal stood at Rs 3,065.37 crore. Net interest income for the quarter…
For the entire FY24, the company's net profit was Rs 14,019 crore, up from Rs 11,054.64 crore in FY23.
Notably, for the entire FY24, the company's net profit was Rs 14,145.46 crore, up from Rs 11,166.98 crore in FY23.