Equity markets face near-term unevenness due to global optimism tempered by domestic uncertainties like elevated crude prices and monsoon r...

The Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...

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

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

The Power Ministry has suggested that its public sector undertakings explore allowing employees to work from home. This move could permit u...

Markets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150....

Indian markets are experiencing a healthy correction, according to Vachana Investments' MD, CA Rudramurthy BV. He advises waiting for speci...

Traders have turned bearish on Power Finance Corp and REC, with both stocks experiencing declines amid a broader market correction. Analyst...

"REC Limited signed an MoU with Punjab National Bank (PNB) on Tuesday to jointly explore the possibility to fund the Power Sector and Infra...

The Mou was signed on Friday between Dewangan and Parminder Chopra, CMD of Power Finance Corporation (PFC) in presence of other senior offi...

Power Grid is entering into a cash-rich mature asset ownership stage, with limited growth potential in the conventional transmission space....

Inability to access bank funds could adversely impact these power utilities already facing high electricity demand.

Due to volatile market conditions, the government has been able to sell stake only in PSUs like IOC, PFC, REC and Dredging Corp.

REC CMD Rajeev Sharma handed over the cheque to Telangana Chief Minister K Chandrasekhar Rao yesterday, the Ministry said in a release.

These stocks will see better earnings ahead and the valuations are extremely cheap at 1.1 time FY15 book. That definitely warrants a relook...

Stocks like Power Grid and REC at the current levels would definitely give good upside with a medium to longer term perspective, he said.

So in the short term, from a sentimental perspective, it is positive. But from a longer term, it will depend more on what reforms the SEBs ...