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Power Finance Corporation

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

8 Stories Indexed
Last Updated: Just Now
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Banking, Fintech & Insurance 11 Nov 2026, 08:00 AM IST

Flipkart, Exim Bank Anchor $8.13 Billion in August External Borrowing Proposals

Indian companies sought $8.13 billion in external commercial borrowings in August, up 6% from $7.70 billion in the previous month, underscoring continued appetite for offshore funding despite a volatile global rate environment. Flipkart Internet Pvt Ltd’s proposed $1.14 billion foreign loan and large financing plans from Power Finance Corporation highlight how both private and state-linked borrowers are tapping overseas markets for expansion and refinancing.

By RDU Global Wire5 min read
Global Markets & Equities16 Oct 2026, 12:33 PM IST

Penske Automotive Agrees to $16.3 Billion Buyout in Major Private-Equity Style Take-Private Deal

Penske Automotive Group has agreed to be taken private in a transaction valuing the U.S. auto retailer at about $16.3 billion, marking one of the largest corporate buyouts in the sector this year. The deal, involving Roger Penske’s Penske Corporation and Japan’s Mitsui & Co., underscores continued investor appetite for stable, cash-generating automotive retail assets despite a volatile global market backdrop.

5 min readRead →
Global Health & Biotech16 Oct 2026, 05:22 AM IST

Who Deserves ‘Good Debt’? Experts Reopen an Old Moral Debate

As governments, households and firms navigate higher borrowing costs, a renewed debate is emerging over who can borrow responsibly and who is merely being trapped by debt. Sociologists, theologians and philosophers argue that the label “good debt” is never neutral: it reflects power, access and the social purpose of borrowing as much as balance-sheet arithmetic.

5 min readRead →
National Governance & Policy10 Oct 2026, 11:02 AM IST

Kashmir Rooftop Solar Drive Runs Into Vendor Credibility Test

Jammu and Kashmir’s rooftop solar push is facing a credibility problem after a large share of loan applications under the scheme were rejected, raising questions about vendor quality, documentation, and execution. Of 61,566 applications submitted across the Union Territory, 17,416 were turned down, including 14,232 in areas served by the Kashmir Power Distribution Corporation Limited, underscoring uneven uptake in a flagship clean-energy effort.

5 min readRead →
National Governance & Policy10 Oct 2026, 09:19 AM IST

Kashmir Rooftop Solar Drive Faces Credibility Test as Loan Rejections Mount

Jammu and Kashmir’s rooftop solar push is running into a sharp vendor credibility problem, with 17,416 of 61,566 loan applications rejected under the scheme. The bulk of the refusals — 14,232 — were recorded in areas served by the Kashmir Power Distribution Corporation Ltd., underscoring execution and verification challenges in a flagship clean-energy push.

5 min readRead →
National Governance & Policy10 Oct 2026, 08:59 AM IST

Kashmir’s Rooftop Solar Drive Runs Into Vendor Credibility Questions

Jammu and Kashmir’s rooftop solar rollout is facing a sharp credibility test after a large share of loan applications under the scheme were rejected, underscoring execution gaps in a flagship clean-energy push. Of 61,566 applications submitted across the Union Territory, 17,416 have been turned down, including 14,232 in areas served by the Kashmir Power Distribution Corporation Limited, raising concerns over vendor quality, documentation, and consumer trust.

6 min readRead →
Frontier AI & Machine Learning08 Oct 2026, 11:16 PM IST

Trump to Honor Musk, Dell, Nadella and Other Tech Leaders at White House Science Summit

President Donald Trump is set to award a group of prominent technology executives at a White House science summit on Thursday, underscoring the administration’s effort to align itself with the country’s most influential innovators. The event places leading figures from the private sector at the center of a political moment that blends industrial policy, artificial intelligence, and the administration’s broader economic messaging.

6 min readRead →
Global Markets & Equities08 Oct 2026, 11:24 AM IST

Global Bond Rout Drives U.S. Treasury Yields to 24-Year Highs as Markets Reprice Risk

A broad sell-off in sovereign debt markets has pushed U.S. Treasury yields to their highest levels in 24 years, intensifying pressure on equities and forcing investors to reassess the durability of the recent risk rally. The move reflects a powerful combination of sticky inflation expectations, resilient economic data and a global repricing of long-duration assets.

6 min readRead →

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