Police van hits tree in Sheohar; driver dies, 3 personnel injured

Power Finance Corporation (PFC) and REC’s boards have approved a merger, creating India’s largest power financing institution with a Rs 11 lakh crore loan book. The combined entity is poised to capitalize on the ongoing power sector capital expenditure cycle, including renewable energy and transmission projects. Analysts suggest the merger offers strategic advantages and improved…

Sebi has stated that off-market transactions involving share sales are distinct from public issues, particularly when current shareholders opt to sell unlisted equity shares privately. A limit of two hundred purchasers per financial year must be adhered to. This clarification was specifically made in response to IDBI Bank’s proposed divestment strategies, confirming that such actions…

Five stocks from the Nifty500 segment that gained over 3% featured in the RSI Trending Up scan on July 7 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.