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 ...

PFC and REC play a key role in the country's energy transition plans and have a cumulative loan book of ₹11 trillion.(Mint) Power Finance Corp. Ltd's board on Friday approved the merger of its ...

The Centre plans to merge Power Finance Corporation (PFC) and REC Ltd as part of a broader restructuring of public sector non-banking financial companies to build scale, reduce operational overlap and ...

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 ...

Motilal Oswal retains Buy on PFC and REC amid merger, Budget 2026 restructuring push. The public sector company said in an exchange filing that it has acquired 52.63 per cent government’s stake in ...

Thefts of tip jars at restaurants happen. But they often don't get returned. And they don't come back bejeweled and containing money and a note. But that's what happened at a Mexican restaurant in ...

When it comes to tipping at restaurants, many diners follow different rules for breakfast, lunch and dinner — but experts say the standards are far more consistent than many people realize. Restaurant ...

Feb 6 (Reuters) - India's Power Finance Corporation (PWFC.NS), opens new tab said on Friday its board had approved an in-principle merger with REC (RECM.NS), opens new tab, a move that will create a ...

The Barefoot Contessa thinks roast chicken is the dish everyone should know how to make. Barefoot Contessa star Ina Garten is known for her delicious, comforting recipes and iconic dinner parties. And ...

Perfectly crispy skin is a big part of what makes roast chicken so good, and there are many different techniques for getting that golden-brown deliciousness on the outside. One such way is slathering ...

The Budget proposal to restructure PFC and REC, funding and investment arms of the Power Ministry, not only emphasises the government’s focus on prepare a vision for state-controlled NBFCs in a ...

The Board of Directors of Power Finance Corporation Ltd (PFC) on February 6, 2026, approved the in-principle merger of PFC with Rural Electrification Corporation Ltd (REC). The decision follows PFC’s ...