State-owned Power Finance Corporation (PFC) on Friday said its board has approved an in-principle merger with REC, formerly Rural Electrification Corporation. The merger follows PFC’s acquisition of ...
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 ...
Over a year ago, South Boulder residents began lobbying the city to save their rec center after officials announced the building was nearing the end of its life. One year later, the city isn’t much ...
Flashback: How PFC acquired a 52.63% stake in REC Limited. Explore the financial strategy behind India's largest power-sector consolidation and its impact on 2026. The acquisition, which was completed ...
REC-R1 is a general framework that bridges generative large language models (LLMs) and recommendation systems via reinforcement learning. Check the paper here.
Hallie Milstein is an Editorial Fellow for Southern Living where she is primarily focused on digital production and online content creation. She covers home design, entertaining, and lifestyle across ...
The Centre plans to merge Power Finance Corporation (PFC) and REC Ltd as part of a broader restructuring of public sector non-banking financial companies to build scale, reduce operational overlap and ...
The Centre is likely to consider a merger of state-run power-sector lender Power Finance Corporation (PFC) and its subsidiary REC as part of the restructuring push, according to sources.
BISMARCK, N.D. (KFYR) - During North Dakota winters, gaining access to recreational spaces for youth sports can be challenging. A group of investors is hoping to put a dent in that problem with the ...
Budget 2026: Govt to restructure public sector PFC, its arm REC, as part of broader vision for NBFCs
Finance minister Nirmala Sitharaman today announced the restructuring of state-owned Power Finance Corp. (PFC) and its arm REC Ltd (formerly Rural Electrification Corp.), as part of the government’s ...
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