NACHRICHT
10.6.2026KI-Zusammenfassung
President Approves Merger of REC Ltd into Power Finance Corporation
India's President has approved the merger of REC Ltd into Power Finance Corporation (PFC), following PFC's 2019 acquisition of a majority stake in REC. The Ministry of Power conveyed the approval, and REC will be dissolved post-merger with its assets and liabilities transferred to PFC.
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Economic Times1 Min. Lesezeit