PTC India Financial Services gets refund of Rs 115 cr from I-T dept, stock up pc
Shares of PTC India Financial Services (PFS) jumped 2.8 per cent on Thursday morning after the company said the Income Tax Department has processed its refund for assessment year 2019-20 of Rs 115.57 crore by releasing the amount to company. "PFS may utilise the amount of refund received in financing sustainable environmental-friendly infrastructure projects related to green energy, water sewage treatment plan and electric vehicle charging station.
PTC India Financial Services is a non-banking finance company promoted by PTC India Ltd. The company offers an array of financial products to infrastructure companies in the entire energy value chain and other infrastructure industries. It also provides fee-based services like loan syndication and underwriting.
In the first quarter of current financial year (Q1 FY21), the company received additional credit lines of Rs 500 crore. The total outstanding credit -- aggregate of loan assets and non-fund based commitments against sanctioned loans -- stood at Rs 11,561 crore as on June 30. At 12:15 pm, the PFS stock was trading 2.86 per cent higher at Rs 18 per unit. (ANI)
Learning from its European neighbors, Morocco imposed drastic measures from the initial stages of the COVID-19 outbreak to try to contain its spread. The strategy worked for a few months but the cases have surged after mid-June. In this sit...
You can recover from a drop in the GDP, but you cant recover from death, was the straightforward mindset of Argentinas President Alberto Fernndez and defined the countrys response to COVID-19. The South American nation imposed a strict...
Rwanda is consistently working to improve its health information system from many years. However, it is primarily dependent on the collection and reporting of health data on a monthly basis. Besides, evaluation studies on Rwandas HIS publis...
New Zealand really deserves appreciation for preventing the localcommunity spread of COVID-19 for a record 102 days. However, the new wave of novel coronavirus has raised questions on the science-driven response promoted by Prime Minister J...
Germany has asked for the assistance of the global chemical agency in investigating the alleged poisoning of Kremlin critic Alexei Navalny with a banned toxic chemical, the Hague-based organisation said in a statement on Thursday. Germany h...
US President Donald Trump has identified India along with 20 other nations as major drug transit or illicit drug-producing countries and asserted that his administration is taking the fight to criminal organisations engaged in narcotics sub...
Around 28 per cent of posts of medical, nurses and paramedical staff are lying vacant in Himachal Pradeshs Bilaspur district, Health Minister Rajiv Saizal told the Assembly on Thursday. Replying to a question by Jhanduta MLA Jeet Ram Katwal...
Defence Minister Rajnath Singh on Thursday asserted that no force in the world can stop Indian troops from patrolling the countrys border in Ladakh region. Replying to clarifications sought by MPs in Rajya Sabha on his statement on the bord...