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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 ]
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(For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range. A US share must be priced at $1 or more to be covered by NASDAQ. If the share price falls below that level, the stock is "delisted" and becomes an OTC (over the counter stock). A stock must have a price of $1 ...
In 2011, global PE firm Kohlberg Kravis Roberts and International Finance Corporation, an arm of the World Bank Group, invested about $100 million in the company. [9] In 2012, the company acquired GE Money Housing Finance and the home equity loan portfolio of GE Money Financial Services from GE Capital India. [10]
Pune Stock Exchange (PSE) was established in 1982. The Securities and Exchange Board of India (SEBI) allowed the exchange to exit bourse business with an order on 13 ...
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the shares [a] by which ownership of a corporation or company is divided. [1] A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares.
REC Limited, formerly Rural Electrification Corporation Limited, is an Indian public sector company which finances and promotes power projects across India. It provides loans to Central/State Sector Power Utilities in the country, State Electricity Boards , Rural Electric Cooperatives, NGOs and Private Power Developers. [ 4 ]
Maharashtra State Financial Corporation (MSFC) is the term lending development financial institution in Maharashtra state in India. It provides finance to small and medium scale enterprises. It was set up by Government of Maharashtra in 1962. [1]