EPFO is planning to seek early repayment of some of its investments from troubled firms in the sector, such as DHFL
-> Issue was discussed by the EPFO’s Finance, Investment and Audit Committee (FIAC)
-> EPFO has been monitoring the downgrades of certain NBFCs.
-> Investment by the EPFO in IL&FS at Rs. 574.73 crore
-> As on March 31, 2018, the EPFO’s total debt corpus was at Rs.9.78 lakh crore. With Rs.6.23-lakh cr revenue, Reliance Industries emerges top Indian firm on all counts
-> RIL headed by India’s richest man Mukesh Ambani, has emerged the biggest company by revenue, toppling state-owned Indian Oil Corporation (IOC)
-> RIL was also the most profitable Indian company with a net profit of Rs.39,588 crore
-> RIL closed up 1.08 per cent at Rs.1,339.75 on the BSE, with a market capitalisation of Rs.8.50-lakh crore.