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Results: PGCIL's net profit rises 6% to Rs 3,526 crore in March quarter freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
PowerGrid files draft papers for InVIT; plans to raise over Rs 5,000 crore Wallpaperflare.com State-owned Power Grid Corporation of India has filed draft papers with Sebi for floating an Infrastructure Investment Trust (InVIT) through which it seeks to raise more than Rs 5,000 crore. This will be the first InVIT in the country to be floated by a public sector company. The offer includes fresh issue as well as offer- for-sale. The power transmission major plans to mop up total Rs 4,999.48 crore through fresh issue, as per the draft papers filed with the Securities and Exchange Board of India (Sebi). The offer-for-sale amount has not been specified in the draft papers. ....