The proposed merger of Power Finance Corporation and REC will create India’s largest power sector financing institution with a combined loan book exceeding Rs 11 lakh crore. Here’s a look at the approved share swap ratio, merger rationale, pending approvals, record date details, and what the restructuring means for shareholders.
CoinSwitch swings to profitability in FY26 as crypto platform’s revenue climbs 150% to Rs 324 crore
CoinSwitch achieved profitability based on Adjusted EBITDA for FY26, with revenue growth of 150%. The company’s revenue reached Rs 324.19 crore, leading to an Adjusted