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.”
Hindustan Zinc shares jump 4% after Q2 net profit more than doubles. Why Jefferies cut target price?
Hindustan Zinc reported a 142% year-on-year jump in Q2FY27 net profit to Rs 6,412 crore, while revenue rose 77% to Rs 15,093 crore. Despite strong