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PFC-REC merger: Which stock should you buy before the mega deal creates Rs 11 lakh cr power financing giantPower Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 ...
Along came an alien prompt: A day in the life of a software engineerThe role of an IT engineer has been rewritten over the past two years. Against the backdrop of persistent layoff fears, ET speaks to a cros...
PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giantThe proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...
PFC-REC merger approved! Here's what will happen to your existing shares after mega mergerPFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...
PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC sharesPower Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...
Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...
Jupiter Enters Leo 2026: June 30 Transit Brings Major Changes for All Zodiac Signs, Love, Career and MoneyJupiter enters Leo on June 30, 2026, marking one of the biggest astrology events of the year. This powerful transit shifts focus toward con...
Banks to be closed for 3 consecutive days this week: Check if your state is on the listBank holidays: Several Indian states and union territories will experience a three-day bank closure this week, from Friday, June 26th to Su...
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest peopleAntonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. ...
Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
Suzlon Energy shares crack 5% after Rs 29 crore Sebi fine for misleading financials; company clarifiesSuzlon Energy shares 5% dipped after Sebi imposed nearly Rs 29 crore in penalties on the company and former executives for misrepresenting ...
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
Street vendors earn more, go digital under PM-SVANidhiThe PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reachin...
Mahayuti committed to Maratha community, OBC interests fully protected: Maharashtra CM FadnavisMaharashtra Chief Minister Devendra Fadnavis assures the public of his government's dedication to resolving the Maratha reservation issue. ...
Sebi fines Suzlon Energy Rs 29 crore for misleading financial statements; promoters, executives also penalisedSEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circ...
Maharashtra CM Fadnavis meets Amit Shah; says "positive decision to be taken on raising MSP, ethanol quota, loan restructuring"Maharashtra Chief Minister Devendra Fadnavis met with Union Home Minister Amit Shah. Discussions focused on the sugar industry and onion fa...
Amit Shah positive on hiking sugar MSP, raising ethanol quota: FadnavisHome Minister Amit Shah has shared promising news for the sugar industry that could reshape its future. Maharashtra’s Chief Minister Devend...