Shares of PSU stocks crashed today with some of them declining by as much as 13% after the Reserve Bank of India proposed stricter regulations on projects under implementation. PSU stocks crash today: The stock market index on a display screen at the Bombay Stock Exchange building in Mumbai. PSU stocks performance today Shares of power financing companies such as …
Four Indian state-run power companies are close to buying a 1,980 megawatt stranded power plant from collapsed conglomerate Lanco Infratech for 30.2 billion Indian rupees, outbidding Adani Group and Reliance Industries, three government sources said. The state companies - Power Finance Corp Ltd, REC Ltd SJVN Ltd and Damodar Valley Corp - aim to acquire the coal-fired power plant of …
