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

State Bank of India is set to commit up to $1 billion to fund Sun Pharmaceutical Industries Ltd.'s $12 billion acquisition of Organon & Co....

Honda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...

Brown-Forman, the maker of Jack Daniel's, is closely monitoring the India-United States trade deal. Positive signs are emerging for the bil...

Top lawyers from approximately 10 states, led by California, are preparing a legal challenge to Paramount Skydance Corp.'s $110 billion acq...

Japanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...

Himalaya Wealth Managers LLP has launched Himalaya SME Scheme-I, a Rs 500 crore AIF, to address the equity risk capital gap for high-potent...

The finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...

Private equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...

US stocks rose as Dow hit an intraday record and S&P 500 extended its winning streak to eight weeks, supported by strong earnings and hopes...

Indian real estate is seeing a major shift. Domestic investors are now leading capital flows, moving away from foreign dependence. This cha...

PFC and REC shares are under scrutiny as a mega merger progresses. Analysts advise a staggered approach to buying, highlighting that the tr...

India is planning the second phase of its semiconductor incentive scheme, DLI 2.0. Concerns are rising among domestic startups that allowin...

HAB Pharma and Signature Phytochemicals have merged, creating a consolidated entity with a turnover of Rs600 crore. This strategic move aim...

Power Finance Corporation's board has taken a significant step towards merging with Rural Electrification Corporation. The board has approv...

Power Finance Corporation has taken a key step toward merging with REC Limited after its board approved seeking the President of India’s no...

Boards of Power Finance Corporation and REC will meet Saturday. Uncertainty surrounds their proposed merger. The government's stake may fal...