PFC, REC say moving ahead with planned merger, combined entity to benefit from strong balance sheet

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…

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MP Police Constable PET 2026 admit card released: Direct link to download hall ticket here

MP Police Constable PET 2026 admit card released The Madhya Pradesh Employees Selection Board has released the MP Police Constable PET Admit Card 2026. Candidates who qualified in the written examination can now download their hall tickets from the official website, esb.mp.gov.in. The Physical Efficiency Test (PET) will be conducted from February 23 to March…

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10 electoral trusts distributed over Rs 3,826 cr to pol parties in last FY, with BJP accounting for 82.5% : ADR report | India News

NEW DELHI: An analysis by the Association for Democratic Reforms shows that the 10 electoral trusts which have declared receiving contributions during FY 2024-25, received a total amount of Rs 3,826.3 cr from corporates and individuals and distributed almost the equivalent amount to various political parties. BJP accounted for 82.5% (Rs 3,157.6 cr) of the…

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Infosys pays average 85% performance bonus for Q3; payout to be credited with February salary

Software major Infosys on Friday announced an average organisation-wise performance bonus payout of 85% for the quarter ended December (Q3FY2025-26), with a large section of employees receiving higher variable pay, ET reported.Employees will receive the bonus along with their February salary, the company said in an email to staff.The higher payout follows a quarter marked…

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University of Texas at Austin to merge four departments in major academic restructuring

University of Texas at Austin. (Getty Images) The University of Texas at Austin has announced a sweeping academic restructuring that will consolidate four departments into a newly created Social and Cultural Analysis department. The move, first reported by The Texas Tribune and distributed by The Associated Press, is expected to be completed by September 2027.The…

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Kapil Dev, MS Dhoni… Suryakumar Yadav? How Zimbabwe’s victories over Australia in World Cups have an India connection | Cricket News

Zimbabwe’s players celebrates the wicket of Australia’s Ben Dwarshuis during the T20 World Cup cricket match between Australia and Zimbabwe in Colombo, Sri Lanka. (PTI) Zimbabwe’s 23-run win over Australia in the ongoing T20 World Cup has also drawn attention to a past trend involving India in global tournaments. On earlier occasions when Zimbabwe defeated…

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