Housing and Urban Development Corporation Ltd. (HUDCO), a premier techno-financing Navratna CPSE in the field of housing and urban development, playing a pivotal role in the socio-economic development of India for over five decades, today received the ‘Certificate of Registration as Non-Banking Financial Company – Infrastructure Finance Company (“NBFC-IFC”)’, from Reserve Bank of India (“RBI”). […]
Shri Sanjay Kulshrestha, Chairman & Managing Director, chaired the 54th Annual General Meeting (AGM) of HUDCO Limited, held today through video conferencing. Speaking on the occasion, CMD highlighted the Company’s exceptional operational and financial performance for the FY 2023-24, achieving record-breaking loan sanctions, disbursements, profits, and other key metrics. Further, the recent twin achievements of […]
Siba Prasad Patnaik, Chief General Manager (CGM) at NLC India Limited, has been selected for the role of Director (Finance) at Gliders India Limited. The selection was made during a Public Enterprises Selection Board (PESB) meeting held on September 24, 2024. A total of 11 candidates were interviewed for this prestigious position.
New Delhi: Power Finance Corporation (PFC), a Maharatna Company and a leading NBFC in the power sector, has paid Rs 462 crore to the Govt. of India and Rs 363 crore to other shareholders, totalling Rs 825 crore as the Final Dividend for the financial year 2023-24. For the Financial Year 2023-24, PFC paid Rs. […]
Power Finance Corporation (PFC), A Maharatna Company and leading NBFC in Indian power sector received notable recognition from Shri Pralhad Joshi, Hon’ble Union Minister of New and Renewable Energy (MNRE) at RE-INVEST 2024 for its outstanding contribution to India’s renewable energy sector. PFC has played a pivotal role in providing financial support to 68 GW […]
Mr. V Satish Kumar has taken additional charge as Chairman of Indian Oil Corporation Limited (IndianOil) today. He will concurrently serve as Chairman while continuing in his role as Director (Marketing), a position he has held since October 2021. He also held the additional charge of Director (Finance) for a period of one year from […]
The HUDCO Board of Directors in its meeting held on 12th August, 2024 approved the financial results for Q1FY25 showing a remarkable growth across all metrics, both in operational and financial parameters. HUDCO witnessed a 19% YoY growth in Revenue from Operations i.e. from Rs.1,842.61crore in Q1 FY24 to Rs. 2,188.35 crore for Q1 of […]
Chennai— Smt. Parminder Chopra, CMD, Power Finance Corporation Limited (PFC) has inaugurated a state-of-the-art Anatomy laboratory at the Department of Medical Sciences and Technology, Indian Institute of Technology Madras (IIT Madras). This advanced facility, supported by a CSR grant of ₹16.5 crore from PFC, marks a significant milestone in medical education and research in India. […]
The Govt. of India appointed Shri Sandeep Kumar as Director (Finance) at Power Finance Corporation Limited (PFC),effective 11 July 2024. Before this appointment, he was Executive Director (Finance) at PFC since 01.01.2020 and isholding the position of Chief Financial Officer (CFO), PFC.Shri Sandeep Kumar has a distinguished career spanning over 34 years in the power […]
