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PFC, REC say moving ahead with planned merger, combined entity to benefit from strong balance sheet

NEW DELHI: State-owned power sector financiers Power Finance Corporation (PFC) and REC Ltd on Thursday informed stock exchanges that they are moving ahead with a proposed merger following the 2026-27 Budget announcement, aiming to create a single large govt-controlled financing institution for the electricity sector.In separate but identical regulatory filings, both companies said the combined…

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AAP protests outside Congress offices in Punjab over Partap Bajwa’ s remarks against minister | India News

HOSHIARPUR: The Aam Aadmi Party (AAP) staged protests across Punjab on Friday outside the district Congress committee offices, responding to alleged remarks made by Leader of the Opposition Partap Singh Bajwa against state minister Harbhajan Singh.Led by party leaders, including ministers and MLAs, AAP members held sit-in demonstrations and raised slogans condemning Bajwa’s comments. In…

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