The Securities and Exchange Board of India (SEBI) announced a significant regulatory shift this week, relaxing borrowing norms for Infrastructure Investment Trusts (InvITs) that have exceeded the 49 percent leverage threshold. Under the new guidelines, these trusts are now permitted to secure additional debt specifically for capital expenditure projects designed to enhance asset performance or…
Strong Financial Performance Tourism Finance Corporation of India Limited (TFCI), a premier financial institution supporting India’s tourism infrastructure, announced robust financial results for the fiscal year 2026, highlighted by a 18.93% year-on-year growth in Profit After Tax (PAT). The New Delhi-based firm reported a total income of ₹276.83 crore for the year, underscoring a period…
The Central Electricity Authority (CEA) has formally proposed a substantial increase in fixed monthly power charges for consumers across the country, aiming to recalibrate the financial stability of state-run distribution companies (discoms). The proposal, unveiled this week in a policy draft, seeks to shift the current tariff structure by prioritizing fixed recovery costs over variable…
Financial Performance Overview The Indian Railway Finance Corporation (IRFC), a public sector undertaking under the Ministry of Railways, reported a flat standalone net profit of Rs 1,684 crore for the quarter ending March 31, 2026, compared to Rs 1,682 crore in the same period last year. While the quarterly profit saw a marginal year-on-year increase…