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The Power Grid Corporation of India Limited was incorporated on 23 October 1989 [5] under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore (subsequently enhanced to Rs. 10,000 Crore in Financial Year (FY) 2007–08) as a public limited company, wholly owned by the Government of India with 51.34% stake in the company as on 31 December 2020 and as principal electric ...
IDFC in 2005 via IPO cutdown ownership from 100% to 34.91% [35] In October 2024 IDFC merged into IDFC Bank leading to full privatization. [ 36 ] Protean eGov Technologies , formerly known as NSDL e-Gov Infrastructure Limited(a subsidiary of NSDL ), Government of India to sell stakes via SUUTI(Specified Undertaking of The Unit Trust of India ...
Central Government, through Ministry of Power in exercise of the power conferred by sub-section (3) of Section 26 and sub-section (2) of Section 27 of the Electricity Act, 2003 by notification dt. 27 September 2010 in the Gazette of India, notified that the Power System Operation Corporation Ltd (POSOCO), a wholly owned subsidiary of the Power Grid Corporation of India Limited (a Government ...
The stock market has had quite a run over the past two years, with the S&P 500 returning more than 25 percent in both 2023 and 2024. Other assets, such as cryptocurrencies and gold are also near ...
Coupled with strong consumer spending online over the holiday season, the AI initiatives helped Shopify attract hundreds of merchants and also drove its revenue 31% higher from a year earlier to ...
In December 2023, the target date was revised to the end of the 2023-4 fiscal year [14] and later to the end of the 2024-5 fiscal year. [ 16 ] Trend of railway electrification commissioning in India [ 4 ] [ 17 ] [ 18 ]
At a time when industrial conglomerates with economies of scale are no longer rewarded with high valuations, Kapur said in October 2024 that Honeywell would spin off its advanced material business ...
Power Finance Corporation Ltd. (PFC) is an Indian public sector company engaged in infrastructure finance activities. Established in 1986, it provides financing for the Indian power sector and is under the admistrative control of the Ministry of Power, Government of India. [2]