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Articles for REC

NSE To Conduct Live Trading On 18 May With Disaster Recovery Switch

The session will be conducted in two phases, first phase starting at 9:15 am and second special live trading session at 11:45 am

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We Envisage A 10-fold Increase In Our Renewable Energy Portfolio To Rs 3 Lakh Cr: REC CMD

Ending FY24 with record loan sanction and disbursals, REC CMD Vivek Kumar Dewangan caught up with Arjun Yadav of BW Businessworld to delineate the financing firm’s strides in diversifying its loan book, the razor sharp focus on asset quality, the plan for the solar rooftop scheme and more. Excerpts:

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China’s Green Shoots

Despite economic reverses, China has doubled down on spreading its influence globally. United States agencies report that cyber attacks by state-backed Chinese hackers have intensified as the US presidential election draws near. It was revealed recently that China has spent over $2 billion in grants to US universities to gain influence with US-based academics

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REC Gets RBI Nod To Set Up Subsidiary In GIFT City, Gujarat

REC provides long-term loans and other financing products to State, Centre, and Private Companies for the creation of infrastructure assets in the country.

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Monday Market Should Show Recovery Post Clarity On Tax Rumours: Experts

In the global markets, the investors will closely monitor ongoing earnings results and the GDP data from the European region, both of which are expected to impact market dynamics

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TIG.Digital Makes Fresh Commitment Of $10 Mn To Scale Venture Studio

TIG.Digital investment and venture-building focus on digital commerce services, Software as a Service (SaaS) solutions, and Direct-to-Consumer (D2C) brands

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India & China Added 60% Of Global Central Bank Gold Purchase In March

In India RBI's gold holdings rose to a record high of 822.1 tons by the start of April representing an 18.5 tons net acquisition since the beginning of the year.

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Demand For Pay As You Drive Motor Insurance Policies On The Rise. Here Is All You Need To Know

Pay as you drive insurance is for those who drive less and comes with the flexibility of topping up the plan in case one drives more than the number of kilometers one has paid for

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HDFC Bank Reappoints Atanu Chakraborty As Part-time Chairman and Independent Director

Atanu Chakraborty is reappointed for the same designation after Reserve Bank of India (RBI) approval for three years.

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ED Attaches Properties Worth Rs 205.49 Cr In Chhattisgarh Liquor Scam

The central probe agency has recorded a fresh Enforcement Case Information Report (ECIR) in the liquor scam based on an FIR registered by the state police under various sections of the Indian Penal Code (IPC) and the Prevention of Corruption Act, 1988.

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