PFC's board has approved an in-principle merger with REC after the Budget 2026 proposal to restructure the two public-sector ...

On Friday afternoon, the Surface Transportation Board announced it came to a unanimous decision to reject the merger application filed by Union Pacific (UP) and Norfolk Southern (NS) because it was ...

Power Finance Corporation Ltd has acquired 52.63% of REC Limited's shares, making it a subsidiary. This move aligns with the ...

Feb 6 (Reuters) - India's Power Finance Corporation said on Friday its board had approved an in-principle merger with REC Ltd , paving the way to create a giant power financier. Indian Finance ...

WASHINGTON — Republican members of Congress today urged the Surface Transportation Board to conduct a thorough review of the ...

Pursuant to 'In Principle' approval of Cabinet Committee on Economic Affairs (CCEA), PFC acquired 52.63% of Govt's holding in REC (REC). Accordingly, PFC and REC are operating as holding and ...

OMAHA, Neb. — Union Pacific expects to file its revised Norfolk Southern merger application in March, CEO Jim Vena said on ...

A federal rejection of a merger application by Union Pacific and Norfolk Southern railroads will slow the companies’ efforts ...

O’Neill, mayor of the municipality of Marmora and Lake in Hastings County, thanked the board for the chance to serve as the ...

Power Finance Corporation Ltd (PFC) approved the acquisition of 52.63% of the government’s stake in Rural Electrification ...