REC-PFC merger gets presidential nod while UltraTech, 3i Infotech and others announce key deals worth hundreds of crores

The President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in REC in 2019. The Ministry of Power…

REC-PFC merger gets presidential nod while UltraTech, 3i Infotech and others announce key deals worth hundreds of crores