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2026-02-12 01:30:00| The Economic Times

The government is on the brink of a historic merger between Power Finance Corp and REC, with plans for preferential share allocation to retain public ownership. This initiative could potentially see the government's stake drop to under 51% after the consolidation.

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2026-02-12 01:26:04| The Economic Times

Analysts are divided on BHEL's 4,422 crore offer for sale, with caution on valuation but optimism over its order book. While short-term investors may see no immediate upside, those with a medium to long-term horizon could find merit in bidding. The OFS is seen as a divestment exercise rather than a rerating trigger.

Category: News and Media

2026-02-12 01:12:45| The Economic Times

Foreign investors accelerated selling in financial services in the latter half of January, offloading 5,402 crore. Overall, overseas investors withdrew 29,056 crore across 15 sectors, with healthcare also seeing significant outflows. Metals and mining, however, attracted 8,837 crore in inflows, driven by precious metal momentum.

Category: News and Media

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12.02 BP, USW negotiations continue after strike preparations 12.02 Illinois sues Trump administration over more than $100 million in planned cuts to health care grants 12.02 Canara Bank eases overnight, 1-month MCLR by 5 bps 12.02 Q3 earnings mixed as consumer sectors shine, labour codes weigh on margins 12.02 Bill would hold data centers responsible for energy costs and environmental protections 12.02 NTPC climbs 12% in three months on thermal additions, renewable growth bets 12.02 Preferential allotment likely in PFC-REC merger to help Centre retain majority stake and government company status 12.02 Analysts divided over BHEL's OFS for retail investors More »