PFC inks pact to provide Rs 26,800 crore finance to MP power utilities
State-owned Power Finance Corporation on Thursday said that it has inked an initial pact to provide Rs 26,800 crore finance to power utilities of Madhya Pradesh.
State-owned Power Finance Corporation on Thursday said that it has inked an initial pact to provide Rs 26,800 crore finance to power utilities of Madhya Pradesh.
The funding round was led by Multiples Alternate Asset Management, with participation from Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures.
The new capabilities represent a strategic enhancement to Bharti Airtel's 5G monetisation efforts, enabling the development of new business models, Ericsson said.
Apple has announced that it will invest $500 billion in the United States over the next four years.
Amid gold rallying in international market, prices in the domestic market continue to rise as well. The depreciation in the rupee to the US dollar only adds to that.
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The agreement covers the period between 2015 and 2019 and the covers sanctions, penalties and interest, prosecutors said in a statement.