Power Finance Corporation

Vodafone Idea Plummets 4% After PFC, REC Reportedly Curtail Borrowing Call, Seeks Additional CollateralBoth the government lenders, specialising in power-related projects, have informed Vodafone Idea (Vi) that any loan proposals will require additional collateral in the form of corporate guarantees.

PFC Shares Zoom 4% As Brokerages Remain Bullish Over Strong Guidance

Power Finance Corporation's Q1 Net Profit Jumps 23% To ₹3,717 Cr, Announces Dividend

Vodafone Idea Plummets 4% After PFC, REC Reportedly Curtail Borrowing Call, Seeks Additional Collateral

PFC Shares Zoom 4% As Brokerages Remain Bullish Over Strong Guidance

Power Finance Corporation's Q1 Net Profit Jumps 23% To ₹3,717 Cr, Announces Dividend

India's 13 Maharatna Companies: What You Need To Know About These Special PSUs

|These companies are chosen based on their performance, turnover and net profit, among other criteria. Maharatna companies have the liberty to invest up to ₹5,000 crore without government approval, allowing them to operate more independently and efficiently.

Shapoorji Pallonji Gets Closer To Using Tata Sons Shares As Collateral For ₹15,000 Cr Loan To Pay Off Personal Debts

|Tata Trusts, the majority shareholder of Tata Sons, has previously expressed concerns about using the company's shares as collateral for the loan. According to Tata Trusts' CEO Siddharth Sharma, these shares are not freely transferable. PFC, however, has taken a legal stance that unlisted shares can be used as security for loans, a practice previously accepted by other lenders.