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.
2 top stock recommendations from Vinay Rajani
Indian equity markets are experiencing a cautious phase, consolidating within a defined range as fresh buying momentum remains elusive. Technical analysts suggest the broader trend
June 29, 2026