Articles for tag: acquisition, energy sector, insolvency

Rajiv Sharma

Business
REC and PFC shares rise over 6% after major update

REC and PFC shares rise over 6% after major update

In recent market movements, shares of REC and Power Finance Corporation have surged by over 6%. This increase follows news that JSW Energy has emerged as the winning bidder for KSK Mahanadi Power under the Insolvency and Bankruptcy Code, showcasing the ongoing transformation and consolidation in the energy sector in India. Impact of JSW Energy’s ...

Rajiv Sharma

Business
Govt company announces record date for dividend after over 30 payouts

Govt company announces record date for dividend after over 30 payouts

Dividend stocks are an attractive option for investors looking for a steady income stream in addition to capital appreciation. Among Indian companies, NTPC Ltd stands out as a government enterprise that has consistently rewarded its shareholders with dividends. As of now, NTPC Ltd is preparing to distribute dividends once again, with an official record date ...