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PFC REC merger stalls as government stake may dip below 51% and force a ₹25000 crore rescue

PFC REC merger stalls as government stake may dip below 51% and force a ₹25000 crore rescue

Power Finance Corporation and REC boards meet Saturday, but the proposed merger faces a major stumbling block: the Centre’s stake could fall below 51% in the combined entity. Analysts estimate that keeping majority control may require a capital infusion of about ₹25,000 crore, even as fiscal pressure rises with a weaker rupee, high inflation, and muted growth in these lenders. Bond covenants also demand government majority ownership, raising questions. The merger is still planned for April 1, 2027.

Summarised by Beize from a story on The Economic Times on 15 May 2026
PFC and REC set merger for April 2027 but warn RBI norms could bite

PFC and REC set merger for April 2027 but warn RBI norms could bite

Power Finance Corporation (PFC) and REC Ltd plan to merge by April 1, 2027, aiming to create a unified platform for financing India’s power sector. The deal has received in-principle approval, with legal and financial advisors appointed. Still, details are being worked out and will need regulatory clearance—while PFC flags potential concerns around RBI norms.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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CCI clears Adani Power GVK buy and three other deals shaking India energy and tech

CCI clears Adani Power GVK buy and three other deals shaking India energy and tech

The Competition Commission of India approved four transactions, including Adani Power’s acquisition of GVK Energy and Canada Pension Plan Investment Board’s stake in Ctrl S Datacenters. CCI also cleared Thriveni Earthmovers’ purchase of a stake in Lloyds Engineering Works and approved a merger involving three entities into one company.

Summarised by Beize from a story on The Economic Times on 12 May 2026
UpGrad and Unacademy file with CCI for merger as deal price shrinks sharply

UpGrad and Unacademy file with CCI for merger as deal price shrinks sharply

UpGrad and Unacademy have applied to India’s CCI for antitrust clearance for their proposed merger. In an all-stock transaction, UpGrad plans to acquire Unacademy, valuing the test-prep firm at Rs 2,055 crore. That figure represents a steep markdown from its 2021 peak, and the companies expect the deal to close in June–July.

Summarised by Beize from a story on The Economic Times on 7 May 2026
Aster DM Healthcare Q4 revenue jumps 18% as EBITDA surges 31% after merger momentum

Aster DM Healthcare Q4 revenue jumps 18% as EBITDA surges 31% after merger momentum

Aster DM Healthcare posted 18% year-on-year Q4 revenue growth to Rs 1,182 crore, alongside a 31% rise in operating EBITDA. The company says it remains on track to close its merger with Quality Care India Ltd in Q1 FY27, which would form a combined network of over 10,600 beds—an expansion move aimed at strengthening its market position.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
OnePlus and Realme may merge operations under a single Oppo-style center

OnePlus and Realme may merge operations under a single Oppo-style center

Reports say OnePlus and Realme are set to merge operations, with both brands moving under a new sub-product center within the Oppo group. The plan would combine domestic and global business units and unify marketing and after-sales services. The timing also links to OnePlus assessing its future in Europe, signaling deeper consolidation across Oppo’s sub-brands.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026

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Cohere merges with Aleph Alpha to build a European AI rival to US giants

Cohere merges with Aleph Alpha to build a European AI rival to US giants

Canadian AI firm Cohere is taking over Germany’s Aleph Alpha, backed by Schwarz Group, the owner of Lidl. With government support, the merger aims to deliver a “sovereign” AI option for enterprises—countering a market currently dominated by American companies. The move signals growing pressure on Europe to control key AI infrastructure closer to home.

Summarised by Beize from a story on TechCrunch on 26 Apr 2026
Warner Bros Discovery shareholders vote on Paramount $81 billion blockbuster merger

Warner Bros Discovery shareholders vote on Paramount $81 billion blockbuster merger

Warner Bros Discovery shareholders will vote Thursday on the company’s proposed $81 billion sale to Skydance-owned Paramount. If approved, the mega-merger could significantly reshape Hollywood’s studio landscape and influence the broader media industry, potentially changing how content is produced, distributed, and valued across platforms.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
HDFC merger could reshape India private banking as balance sheet power meets cheaper lending costs

HDFC merger could reshape India private banking as balance sheet power meets cheaper lending costs

HDFC Bank’s larger balance sheet could translate into bigger loan disbursals after the merger, while costs may fall due to recent regulatory streamlining. Updated reporting and delinquency provisioning rules for banks and non-bank finance companies are expected to reduce friction. HDFC’s focus on affordable housing and micro-lending can also help align its loan book with HDFC Bank’s development finance requirements.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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