Indo-Tech bags Rs 166-cr order from AP TRANSCO

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.

The top court agreed to hear the government’s appeal against the verdict quashing retrospective dues, but refused to halt the release of ₹3,300 crore in bank guarantees to the telecom operators.

In 1934, an Arizona couple began married life in a roofless pueblo with snakes and scorpions. 11 years later, their story took an unexpected turn