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Markets

Maharatna PSU stock PFC to be in focus today after ₹5,000 fundraise plan through NCDs; issue opens on January 16

PFC will issue NCDs of 15-year tenor, and offer a coupon rate of 7.3% payable on an annual basis. The base size of the issue is ₹500 crore with a greenshoe option of ₹4,500 crore.

2 min read13 Jan 2026
Industry

Power PSUs weigh exit from debt-laden energy-efficiency venture as stress mounts

Promoters of Energy Efficiency Services Ltd are considering a public listing of the company, which has outstanding dues of over ₹4,000 crore. While the company navigates its debt and cash flow challenges, experts suggest that government backing could attract investors.

5 min read24 Dec 2025
Companies

Cipla ties up with Pfizer for exclusive marketing of four brands

The partnership aims to make some of Pfizer’s top medicines widely available across India using Cipla’s reach, the companies said.

1 min read19 Dec 2025
Money

NPS rules revised: Will non-govt subscribers get more money in hand upon retirement? All you need to know

Non-government NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum upon exit, and in some cases up to 100%. Here's how benefits are paid to subscribers.

3 min read17 Dec 2025
Money

NPS rules revised: With a higher withdrawal limit in place, how will it affect corporate subscribers?

NPS subscribers will now be able to withdraw up to 80% of the corpus when it exceeds ₹12 lakh.

2 min read17 Dec 2025
Companies

Pfizer layoffs: Pharma giant to cut hundreds of jobs in this country to reduce costs

Pfizer layoffs: Pharma giant Pfizer is set to cut hundreds of jobs in Switzerland as part of the company's multi-year cost reduction program. Here's how many jobs the company plans to cut by the end of 2025.

1 min read10 Dec 2025
Newsletters

How new labour codes are changing your paycheque

The new labour codes have implications for your take-home pay, social security, and long-term financial planning.

5 min read29 Nov 2025
Money

Labour codes: Gratuity, leave encashment get a boost, maternity payout doesn’t

The four new labour codes notified on 21 November come with a mixed set of implications for employees.

7 min read27 Nov 2025
Opinion

Labour reforms: How to convince workers that today’s pay cheque matters less than tomorrow’s security

India's labour codes offer a path to a secure workforce, but their new definition of ‘wages’ could mean lower takehome pay in lieu of larger retiral benefits. Employees may grumble, but empathetic messaging could get them around.

4 min read26 Nov 2025
Markets

PSU Dividend Stock: PFC share price in focus as it turns ex-dividend today. Do you own?

Power Finance Corporation's shares are in focus as November 26 marks the record date for a second interim dividend of ₹3.65 per share. The dividend will be paid by December 6, 2025, and only shareholders by November 26 are eligible.

2 min read26 Nov 2025