Power Exchange

FTIL signs new pact to sell 16.6% stake in IEX for Rs 357 cr

FTIL is divesting its stake in IEX following the direction from regulator Central Electricity Regulatory Commission's (CERC) in May last year in the wake of the Rs 5,600 crore payment scam at FTIL's group firm NSEL.

Jun 19, 2015, 14:18 PM IST