In Short : The proposed merger between Power Finance Corporation and REC Limited is expected to significantly improve access to funding for renewable energy companies in India. According to CreditSights, the consolidation could strengthen balance sheets, reduce borrowing costs, and enhance lending capacity. The merged entity may play a larger role in financing clean energy […]
Suzlon Energy shares in focus over merger of wholly-owned subsidiary with itself – EQ
In Short : Suzlon Energy shares are in the spotlight due to the merger of its wholly-owned subsidiary with the company itself. This strategic move aims to streamline operations, optimize resources, and potentially enhance shareholder value, drawing attention from investors and stakeholders alike. In Detail : Highlighting the need for restructuring, Suzlon Energy said that […]