PFC okays Rs 633-cr loan for 5,000 passenger EVs and 1,000 cargo EVs
New Delhi [India], April 22 (ANI): Maharatna company Power Finance Corporation Ltd (PFC) has sanctioned a loan of Rs 633 crore to Gensol Engineering Ltd (GEL) for the purchase of 5,000 electric passenger vehicles and 1,000 cargo EVs. The passenger EVs will be leased to Blusmart Mobility (BMPL) to expand its fleet of ride-hailing cabs. […] Key Points
ThePrintIndian Oil launches premium fuel
Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas and Housing and Urban Affairs, virtually launched ‘STORM’, a customised... Key Points
The Tribune IndiaWant your portfolio to do well? Pick from these 6 large and midcap bank stocks: Sanjiv Bhasin
Sanjiv Bhasin recommends top power picks like NTPC, REC, PFC with bullish outlook on ICICI, Axis, HDFC, Kotak. Diversification and market insights shared across different sectors for optimal portfolio performance. In metals, Bhasin says, it is SAIL, NALCO, Vedanta and the Jindal twins. We think those are the best stocks to buy. Key Points
Economic TimesSanjiv Bhasin’s top 6 midcap picks that may remain unscathed even in run-up to election
Sanjiv Bhasin of IIFL Securities recommends various stocks including PSU pack, Avenue Supermarts, and consumer staples like Bata. He also discusses the potential of EVs in the auto market and the performance of PB Fintech. According to Bhasin, in auto Maruti and as a dark horse Ashok Leyland are our top picks which has forayed very strongly into the bus market on the EV side. Key Points
Economic Times