Daily Headlinez Top News Updates
Top stocks to buy (AI image) Stock market recommendations: MCX, Power Finance Corporation Limited, and BSE are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for buying on March 17, 2026.MCX : Buy in the range between Rs 2,555 & Rs 2,556; Stop Loss: Rs 2,425; Target: Rs…
Top stocks to buy (AI image) Stock market recommendations: NTPC, Power Finance Corporation, and Union Bank of India are the top stock picks by Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan for February 17, 2026. Let’s take a look:NTPC – Buy in the range between Rs 368 & Rs 369;…
NEW DELHI: State-owned power sector financiers Power Finance Corporation (PFC) and REC Ltd on Thursday informed stock exchanges that they are moving ahead with a proposed merger following the 2026-27 Budget announcement, aiming to create a single large govt-controlled financing institution for the electricity sector.In separate but identical regulatory filings, both companies said the combined…
Budget 2026’s proposal to restructure Power Finance Corporation and Rural Electrification Corporation has revived merger speculation. Sitharaman said govt wants public-sector NBFCs to scale up and cut costs, with clear credit and tech targets. As a first step, it plans to restructure PFC and REC to drive scale and efficiency.Both lenders carry heavy exposure to…
NEW DELHI: Ministry of new and renewable energy (MNRE) has said that it has not asked lenders to pause financing for renewable energy (RE) projects, amid concerns over excess domestic solar manufacturing capacity.In a statement issued on Sunday, MNRE said it has only shared the current status of domestic solar manufacturing capacity with the department…
Power Finance Corporation (PFC) and Japan Bank for International Cooperation (JBIC) have signed a loan agreement worth 60 billion Japanese Yen (about Rs 3,500 crore) to fund clean energy projects in India.PFC said in a statement that the deal not only strengthens economic ties between India and Japan but also marks a crucial step in…
