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PFC Aims to Muster Rs. 60,000 Cr. In FY16

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PFC has healthy capitalization levels, diversified resource profile Apr 21, 2015 State-owned Power Finance Corporation (PFC) plans to raise up to Rs. 60,000 crore through short- and long-term borrowings in the current financial year to primarily meet the funding requirements of power sector units and projects. It disbursed approximately Rs.......

Steelmakers to go ahead with expansion

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Two of India’s largest steelmakers, Steel Authority of India Ltd (SAIL) and Tata Steel Ltd, are moving ahead with capacity expansion although demand is weak and pricing remains subdued. SAIL has started to conceptualize its new mega steel expansion for the next decade, even as its ongoing expansion remains incomplete,......
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