REC Ltd.

REC arm transfers Bellary-Davanagere transmission SPV to PowerGrid. Project aims to augment capacity and establish a new transmission line.

PFC-REC merger to improve renewable energy financing access in India, especially for large projects. Stronger capital base & easier funding expected.

FM announces high-level banking committee for Viksit Bharat to boost mega-lenders. Focus on funding, growth, and financial stability.

PFC board approves merger with REC. Post-merger, PFC remains a government company. Restructuring aims to improve efficiency in Public Sector NBFCs.

IEX reports a 19% increase in electricity volume trade to 13,050 MU in January. RECs traded down 37%. RTM volume up 52.8% YoY.

Power Mech Projects secures two large orders worth over Rs 1,000 crore from Mirzapur Thermal Energy and Mahan Energen Ltd.

NVIDIA urges India to scale up AI infrastructure investment. Tax holiday offers big opportunity for foreign companies.

73% of employers plan to hire freshers in H1 2026, driven by internships & real-world experience. Retail, e-commerce lead sectoral demand.

Accel predicts India will add USD 2 trillion in tech market cap in the next decade, driven by AI, creating massive companies.

Lt Gen Singhal stresses institutionalised human control for AI in defence. India must adopt AI responsibly, defining its role in decision-making.

Power Mech Projects secures two large orders worth over Rs 1,000 crore from Mirzapur Thermal Energy and Mahan Energen Ltd.

Aluminium futures climb on fresh bets. March delivery up 0.7% to Rs 309.95/kg on MCX. Demand from industries supports price rise.

Zinc futures prices increase due to high demand. March contracts rise on MCX. Traders cautious amid limited fresh triggers.

NVIDIA urges India to scale up AI infrastructure investment. Tax holiday offers big opportunity for foreign companies.

Cottonseed oil cake futures jump Rs 42 to Rs 3,257/quintal on fresh positions amid higher demand. March delivery sees increased open interest.