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.

India’s biggest power sector lenders are set to combine after Power Finance Corporation’s board on Friday approved an in-principle merger with REC Limited, giving effect to the Union Budget 2026 plan ...

Power Finance Corporation on Friday said that its board of directors gave in-principle approval for the merger of the non-banking finance company REC with itself. PFC will continue to remain as a ...

Games are often at their funniest when they’re not trying to be. It’s the Skyrim NPC who’s determined to deliver their stock line, apparently totally unperturbed by the dragon attack happening just ...

Shares of Power Finance Corporation Ltd (PFC) and REC Ltd rose sharply during Sunday's special trading session after Finance Minister Nirmala Sitharaman outlined a proposal to restructure the two ...

Phelim McDermott’s 2014 production addresses the cynicism, cruelty and outdated sexual politics of Mozart’s opera with humour and sass; a strong cast make this an enjoyable evening Not so long ago, ...

Pursuant to Finance Minister Nirmala Sitharaman’s budget announcement, the boards of Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) informed the bourses on Friday ...

Caitlin Macdonald does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

For the market, this indicates that NBFCs will remain central to Indias credit story In the Union Budget 2026, Finance Minister Nirmala Sitharaman laid out an ambitious plan to overhaul India's ...

Union finance minister Nirmala Sitharaman on Sunday laid out the government’s vision for non-banking financial companies (NBFCs) under the Viksit Bharat framework, outlining clear targets for credit ...

Every February, Black History Month shines a light on African Americans whose contributions and experiences shaped the nation. Some of those stories come from battlefields thousands of miles from home ...

The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. There’s an old saying that the “road to hell is paved with good intentions,” and that certainly seems to ...