REC gets RBI nod to set up subsidiary in GIFT City
The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services.
Source: moneycontrol.com
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REC: REC gets RBI nod to set up subsidiary in GIFT City
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.
Source: indiatimes.com
PEC (SGX:IX2) shareholders have earned a 12% CAGR over the last three years
One simple way to benefit from the stock market is to buy an index fund. But if you pick the right individual stocks...
Source: yahoo.com
REC Ltd secures Japanese green loan of Rs 3,200 crore
REC Ltd has secured green loan totaling JPY 60.536 billion (approximately Rs 3,200 crore) designated for funding qualified clean energy ventures. This financing option enjoys an 80% guarantee from the Italian export credit agency, SACE.
Source: indiatimes.com
DIPAM rejects PFC-REC debt resolution proposal for KSK Mahanadi project
DIPAM declined the debt resolution plan for KSK Mahanadi Power project by PFC and REC. NCLT paused sale in June 2022. Interested companies were NTPC Ltd, Vedanta Ltd, Adani Power Ltd, Jindal Power Ltd.
Source: indiatimes.com