{"id":293585,"date":"2019-09-25T10:49:58","date_gmt":"2019-09-25T05:19:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=293585"},"modified":"2019-09-25T10:49:58","modified_gmt":"2019-09-25T05:19:58","slug":"ptc-eyes-exit-from-non-core-businesses-to-raise-rs-2000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ptc-eyes-exit-from-non-core-businesses-to-raise-rs-2000-crore\/","title":{"rendered":"PTC eyes exit from non-core businesses to raise Rs 2,000 crore"},"content":{"rendered":"<p>New Delhi:PTC India, the nation\u2019s top power trading company, is in negotiations with potential suitors to sell two subsidiaries \u2014 nonbank lender PTC Financial ServicesNSE 6.59 % and renewable energy firm PTC Energy, two people involved in the process said.<\/p>\n<p>\u201cThe move is aimed at raising Rs 1,500-2,000 crore besides exiting from non-core businesses,\u201d said one of the people, speaking on the condition of anonymity. \u201cThe company is looking at selling the entire stake or at least a majority so as to maximise the valuation of its investment,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi:PTC India, the nation\u2019s top power trading company, is in negotiations with potential suitors to sell two subsidiaries \u2014 nonbank lender PTC Financial ServicesNSE 6.59 % and renewable energy firm PTC Energy, two people involved in the process said. \u201cThe move is aimed at raising Rs 1,500-2,000 crore besides exiting from non-core businesses,\u201d said one of the people, speaking on the condition of anonymity. \u201cThe company is looking at selling the entire stake or at least a majority so as to maximise the valuation of its investment,\u201d he added.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-293585","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=293585"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293585\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=293585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=293585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=293585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}