Vivek Kumar Dewangan, CMD of REC, navigates through the intricate financial landscape, emphasizing strategic planning, regulatory compliance, and sustainable growth to propel REC towards a robust future in the evolving energy financing sector. Dewangan says: “In case, our capital gets reduced though the impact is not going to be much actually because we have a large cushion. We have the option of raising perpetual bonds. We can increase our tier I capital and tier II capital also can be increased by raising subordinate debt.”
Titan Q1 update: Business grows 41% as jewellery, watches sales gain pace
Titan’s consumer sector experienced a remarkable forty-one percent surge in the first quarter, driven by robust festival demand that significantly elevated sales in its jewellery