With a combined loan book of over Rs 11 lakh crore and deep exposure to India’s power and infrastructure build-out, the government has formally set the merger of Power Finance Corporation (PFC) and ...

This is not a goodbye letter. This is a letter of appreciation. It’s a thank-you to a city that helped guide me over the last decade. The people. The places. The neighborhoods. The opportunities. The ...

Market experts believe the proposed merger of Power Finance Corporation (PFC) and REC is aimed at building scale in power-sector financing. However, they note that the move alone is unlikely to impact ...

PFC owns 52.63% of REC, after acquiring the government’s stake in March 2019 (Image: Canva) The share price of Power Finance Corporation (PFC) and REC are under pressure in today’s trading session.

NEW DELHI: The boards of Power Finance Corporation (PFC) and REC on Friday approved in-principle the merger of the two entities, while retaining the combined entity as a “govt company”.The board ...

State-owned Power Finance Corporation and REC have set the process in motion for a merger and in separate meetings, their boards accorded in-principle approval for the process, to create a large power ...

LUCKNOW: The announcement of restructuring of Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) made in the Union Budget 2026-27 has triggered concern among power sector ...

Power Finance Corporation, REC (formerly Rural Electrification Corporation) shares rallied sharply. Shares of state-run lenders Power Finance Corporation and Rural Electrification Corporation soared ...

Total expenses rose to Rs 9,836 crore in Q3 from Rs 9,542 crore in Q2, marking a 3.1 percent increase, driven by a sharp rise in fair value changes and CSR expenses. Finance costs also edged higher to ...

NORTH OLMSTED, Ohio -- North Olmsted Director of Recreation & Public Engagement Tim Pinchek said one of the first things he noticed when joining the city were the recreation center’s aging aquatic ...

Sometimes it takes a combination of building pressures to spark a landslide of positive change. For pharmaceutical giant Bristol Myers Squibb (BMS), the moment came following its $74 billion ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Fenton-based UniGroup has ...