How India’s PSU stake-sale journey has evolved: Explained in 5 charts

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.

Once the largest landfill globally, the Fresh Kills site has seen remarkable ecological restoration efforts. Following the end of waste disposal activities, engineers covered the buried refuse with a state-of-the-art multilayer cap. They’ve welcomed native grasses and wetlands, reviving habitats needed for diverse wildlife. This visionary endeavor has attracted rare bird species back to the…

The Delhi High Court has halted an FSSAI order that banned Dabur India’s product sales. This order targeted claims like ‘100% Pure’ and ‘100% Natural’ on various food items. Dabur challenged the regulator’s action, citing a lack of prior notice and hearing opportunity. The company argued the FSSAI order was unreasoned and lacked legal basis.