Gensol, the parent company of all-electric vehicle (EV) app BluSmart which was providing green cab services, allegedly forged ...

In an official statement, PFC on Tuesday evening said, under its Anti-Fraud Policy, it is investigating GEL for falsified ...

Premier Financial (PFC) came out with quarterly earnings of ... A quarter ago, it was expected that this holding company for First Federal Bank of the Midwest would post earnings of $0.51 per ...

The state-owned entity withdrew its June 2035 zero-coupon bond issue on the back of higher-than-expected yield levels.

The controversy strikes at the heart of India’s EV mission. In January 2023, PFC sanctioned a massive ₹633 crore loan to ...

Power Finance Corporation (PFC) has filed a complaint with the Economic Offences Wing against Gensol Engineering, alleging ...

Power Finance Corporation (PFC) has lodged a complaint with the Economic Offences Wing against Gensol Engineering Ltd for submitting falsified documents.

PFC said that it had to invoke the Debt Service Reserve Account (DSRA) to clear dues owed by Gensol Engineerig in February and March.

Out of the Rs 587 crore loan sanctioned towards electric four-wheeler vehicles, the PFC had disbursed Rs 352 crore to Gensol ...

PFC: Anmol Singh Jaggi and Puneet Singh Jaggi, promoters of Gensol Engineering, face a capital market ban and charges of fund diversion. The brothers are also promoters of ride-hailing service company ...

WesBanco also undertook a strategic restructuring of the acquired PFC securities portfolio to improve yield. The company sold $775 million of acquired PFC securities and replaced them with $475 ...