State-owned power sector financiers Power Finance Corporation (PFC) and REC Ltd on Thursday informed stock exchanges that ...

The recently announced merger of Power Finance Corporation (PFC) and REC Ltd is fueling hopes that power sector linked ...

Motilal Oswal stays bullish on PFC and REC, flagging up to 21% upside as Budget 2026’s NBFC restructuring revives merger ...

A government official cited by the report said that the merger scheme is currently being prepared, and the infusion of equity ...

On Wednesday, the Nifty 50 and Sensex opened slightly higher, driven by IT stocks. Bank Nifty achieved record highs, while ...

Despite their improved asset quality and undeniable industry tailwinds—such as the government’s push for data centres, logistics and maritime—uncertainty looms over the potential merger.

Power financiers say post-merger single-entity exposure limit will be 20%, expect adequate headroom for borrowings and smooth transition ...

PFC shares closed 1.26% at Rs 416 per share on BSE with a market capitalisation of Rs 1,37,581.24 crore on Tuesday. The stock had dipped to an intraday high of Rs 418 per share and an intraday low of ...

Women rugby players made history for Hartlepool by being the first female team from the town to compete internationally.

Copy Recent news about the merger of PFC and REC has given rise to many questions in the minds of investors. Here’s an explainer attempting to address a few of them. What is the recent announcement ...

India's state-owned power lenders, Power Finance Corp. and REC Ltd., are merging, a move set to stimulate the credit market with $61 billion of debt.

Markets stayed range-bound with improving breadth as IT stocks rallied, led by Infosys after the Anthropic deal. Experts ...