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
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...
29 Jun, 2026, 08.37 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
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...
21 Jun, 2026, 09.39 PM IST
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
19 Jun, 2026, 05.29 AM IST
SP Group seeks more time to repay bonds nearing maturityShapoorji Pallonji Group has reduced its ₹28,500 crore refinancing by ₹3,500 crore and is seeking a two-month extension on ₹14,300 crore of...
15 Jun, 2026, 06.06 AM IST
Bank stocks rally as RBI steps lift mood, trigger short coveringOn Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...
10 Jun, 2026, 07.14 AM IST
Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
09 Jun, 2026, 12.58 AM IST
High risk, high reward S Korea to debut AI-boom linked ETFsSouth Korea is launching its first single-stock leveraged ETFs, linked to chipmakers Samsung Electronics and SK Hynix, aiming to double dai...
25 May, 2026, 06.19 AM IST
Mega merger incoming: Should you buy PFC, REC shares ahead of merger? Here's what analysts sayPFC and REC shares are under scrutiny as a mega merger progresses. Analysts advise a staggered approach to buying, highlighting that the tr...
21 May, 2026, 10.08 AM IST
Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
11 May, 2026, 07.42 AM IST
Adani's cement biz merger may benefit Ambuja shareholders: AnalystsAnalysts view the Adani Group's proposed cement business merger favorably for Ambuja Cements shareholders, simplifying the group structure ...
24 Dec, 2025, 06.07 AM IST
Traders expect Vijaya, Dena Bank shares to fall todayThe share swap ratio was announced after the stock markets closed on Wednesday.
03 Jan, 2019, 08.07 AM IST
Proxy advisory company SES tells Wyeth investors to oppose Pfizer mergerSES, promoted by J N Gupta, former executive director at the Securities and Exchange Board of India, said the deal is skewed in favour of P...
16 Apr, 2014, 04.40 AM IST
- Axis Bank reworks share swap ratio for Enam deal
After the much-awaited green signal from the apex bank to its much-delayed takeover of Enam Securities.
27 Apr, 2012, 11.35 PM IST
- SHL-Siemens share-swap ratio offers a fair deal
The merger of Siemens Healthcare Diagnostics (SHL) with Siemens is a logical extension of the ongoing business restructuring within Siemens...
02 Dec, 2009, 01.30 AM IST
- HDFC Bank, Centurion Bank of Punjab share swap ratio 1:29
HDFC Bank has approved the share swap ratio of 1 share (Rs 10 each) for every 29 shares (Re 1 each) held in Centurion Bank of Punjab.
25 Feb, 2008, 09.54 AM IST