VICTORIA — Solidifying New Delhi’s maritime diplomacy in the Indian Ocean, Prime Minister Narendra Modi attended the 50th Anniversary celebrations of the Independence of Seychelles today as the Guest of Honour. At the personal invitation of Seychelles President Dr. Patrick Herminie, Modi made history as the first Indian Prime Minister to attend the island…
Psu Insights
MUMBAI — In a major consolidation within India’s public sector financial landscape, the Boards of Directors of Power Finance Corporation (PFC) and REC Limited have officially greenlit a definitive scheme of merger. The transaction, structured under Sections 230 to 232 of the Companies Act, 2013, will see REC absorbed into its parent entity, PFC. The union creates India’s largest state-backed infrastructure…
