RailTel Corpn lists with 16% premium on NSE

New Delhi
RailTel Corporation of India on Friday got listed on NSE with a premium of 16% against its issue price of Rs 94 apiece. Notwithstanding the sell-off in the broader market, the stock made a debut at Rs 109, reflecting a gain of 15.95% as compared to the issue price on NSE. At BSE, shares of the company got listed at Rs 104.60, reflecting a gain of 11.27%. PTI

New Delhi
PFC Board gives nod to Rs1 lakh cr borrowing plan
State-owned Power Finance Corporation (PFC) on Friday said its Board has approved a plan to borrow a sum of Rs 1 lakh crore under different debt segments. The amount will be borrowed in one or more tranches in financial year (FY) 2021-22, PFC said in a BSE filing. PTI

New Delhi
JioPhone offer to speed up ‘2G-mukt Bharat’ movement
Reliance on Friday announced a new offer that bundles JioPhone device and two years of unlimited services for Rs 1,999, as it pledged to accelerate market transition towards ‘2G-mukt Bharat’ with its affordable services. The offer “keeps affordability at the core” making the JioPhone and its services accessible to the 300 million feature phone users, who are “trapped in the 2G era”, it said. PTI

New Delhi
216 projects worth Rs74,067 crore completed till Dec
Around 216 infrastructure projects worth Rs 74,067 crore have been completed till December in the current fiscal, the Finance Ministry said on Friday. PTI

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