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...
29 Jun, 2026, 12.01 PM IST
Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 statesReal estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will inves...
29 Jun, 2026, 11.26 AM IST
Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent SystemsIndian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving average...
29 Jun, 2026, 06.11 AM IST
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...
28 Jun, 2026, 11.39 PM IST
Prestige Group holds Rs 65,000 crore unrecognised revenue in books on record pre-sales: Chairman Irfan RazackPrestige Estates Projects Ltd holds a substantial Rs 65,000 crore in unrecognised revenue, fueled by robust housing sales. The company repo...
28 Jun, 2026, 02.57 PM IST
Goa to get Rs 2,000 cr maritime projects, water metro: Union Minister Sarbananda SonowalGoa's maritime sector is set for a major boost with Union Minister Sarbananda Sonowal announcing projects worth Rs 2,000 crore. A state-of-...
26 Jun, 2026, 02.28 PM IST
Nagpur Metro's Kanhan Town extension gets cabinet nodNagpur Metro's Phase-II North Corridor is set for a significant expansion, with the Maharashtra cabinet's sub-committee approving a 1.4 km ...
26 Jun, 2026, 01.11 PM IST
Maharashtra cabinet sub-committee clears Rs 1,722-crore Sea Link-Savarkar bridge connectorMaharashtra's infrastructure sub-committee has greenlit a Rs 1,722.40 crore project to build a 3.55-km road connecting the Versova-Bandra S...
26 Jun, 2026, 12.12 PM IST
Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,0...
25 Jun, 2026, 07.44 PM IST
NCLT approves Mantra Properties’ resolution plan for stalled project in WorliThe NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project...
25 Jun, 2026, 07.17 PM IST
Infra projects see Rs 5.4 lakh crore cost overrun: MoSPIIndia's major infrastructure projects, each exceeding Rs 150 crore, have collectively seen cost overruns reaching approximately Rs 5.4 lakh...
25 Jun, 2026, 06.27 PM IST
Money laundering case: Actor Jacqueline Fernandez withdraws plea from Supreme CourtBollywood actress Jacqueline Fernandez has been granted permission by the Supreme Court to withdraw her plea challenging a Delhi court's de...
25 Jun, 2026, 12.05 PM IST
Alta Capital-backed Elevate, IIT Madras in pact for 1,800-bed student housing projectElevate Campuses, backed by Alta Capital, is partnering with IIT Madras on a Rs 400-crore student housing project. This large-scale public-...
24 Jun, 2026, 10.39 PM IST
Stocks in news: TCS, JSW Infra, Craftsman Automation, IIFL Finance, Transrail LightingIndian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in th...
23 Jun, 2026, 06.43 AM IST
CM Shivakumar announces one more Karnataka Bhavan in Delhi for civil servant aspirantsKarnataka's Cabinet has greenlit significant developments, including a new Karnataka Bhavan in Delhi for competitive exam aspirants, costin...
20 Jun, 2026, 04.42 PM IST
Karnataka clears industrial projects worth Rs 7,506 crore; Kaynes, Bellatrix among key investorsKarnataka has greenlit industrial projects totaling Rs 7,506 crore, focusing on aerospace, ESDM, and general engineering. The State Level S...
19 Jun, 2026, 09.08 PM IST
Mahindra Lifespaces buys 15-acre land in Mumbai to build Rs 5,600 cr housing projectMahindra Lifespace Developers has secured a prime 15-acre plot in Mumbai's Kandivali East, paving the way for a massive housing project. Th...
19 Jun, 2026, 05.38 PM IST