Swiss football manager Fabio Celestini has left Russia’s CSKA Moscow football club, vacating the post of the team’s head coach, the club’s press office announced in a statement on Monday. The contract ...

Abstract: A novel, to our knowledge, PFC-assisted hitless OTN for separation of compute and data is proposed and demonstrated. Based on the new scheme, simulations are conducted and analyzed ...

Market experts believe the proposed merger of Power Finance Corporation (PFC) and REC is aimed at building scale in power-sector financing. However, they note that the move alone is unlikely to impact ...

PFC owns 52.63% of REC, after acquiring the government’s stake in March 2019 (Image: Canva) The share price of Power Finance Corporation (PFC) and REC are under pressure in today’s trading session.

India’s biggest power sector lenders are set to combine after Power Finance Corporation’s board on Friday approved an in-principle merger with REC Limited, giving effect to the Union Budget 2026 plan ...

Power Finance Corporation on Friday said that its board of directors gave in-principle approval for the merger of the non-banking finance company REC with itself. PFC will continue to remain as a ...

Power Finance Corporation said on February 6 its board had approved an in-principle merger with Rural Electrification Corporation Ltd. PFC said it acquired 52.63% of government's holding in REC.

State-owned Power Finance Corporation and REC have set the process in motion for a merger and in separate meetings, their boards accorded in-principle approval for the process, to create a large power ...

The financial firm's total revenue from operations stood at ₹14,655.84 crore for the December quarter, rising 12.4% from ₹13,043.69 crore in the corresponding quarter of the previous financial year.

LUCKNOW: The announcement of restructuring of Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) made in the Union Budget 2026-27 has triggered concern among power sector ...