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The Latest Breaking News from REC

PFC, REC shares in focus as mega merger process advances. What's next?

Power Finance Corporation's board has taken a significant step towards merging with Rural Electrification Corporation. The board has approved seeking formal approval from the President of India for this proposed mega merger. This move consolidates two major PSU non-banking financial corporations. The merger is subject to further regulatory clearances and…

The Economic Times

Stocks in news: Vodafone Idea, Indian Oil, Tata Steel, Dr Reddy's, PFC

Markets closed lower amid geopolitical tensions, rupee weakness, and rising inflation. Upcoming week will be sensitive to US-Iran conflict implications for oil and inflation. Vodafone Idea reported a Rs 51,970 crore net profit due to an accounting gain, while Tata Steel and Hindustan Copper saw significant profit growth in Q4FY26.

The Economic Times

The workers that are most in demand in the UK – and the jobs that aren’t hiring

Demand for nannies and au pairs is up, while pilots and travel agents might struggle to land a position

The Independent UK

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PFC board clears next step for REC merger, seeks govt approval

Power Finance Corporation has taken a key step toward merging with REC Limited after its board approved seeking the President of India’s nod for the transaction. PFC has authorised CMD Parminder Chopra to seek formal approval. The merger will be based on a share swap ratio determined by valuers, while…

The Economic Times

US immigration agents left a refugee to die in the cold. His community is demanding justice

Buffalo’s Rohingya community pushes for NY state law to protect immigrants after Nurul Amin Shah Alam’s death

The Guardian - US

Britain’s job market ‘floundering’ as companies remain cautious about hiring

Data shows labour market is still in a fragile position due to economic uncertainty, with few signs of recovery

The Guardian - UK

UK finance firms to boost hiring in 2026 in search of ethical AI experts

A desire to accelerate recruitment in 2026 comes after one of the worst years for hiring in the financial services sector.

Evening Standard

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One Of The Scariest Horror Franchises Is Finally Streaming All In One Place, And I Already Took Advantage

So much better than those meh reboots, too.

Cinemablend

Pound on track for worst week since January as UK wage growth falls to four-year low – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Number of job hunters rises at fastest rate since Covid

Increasing redundancies are driving the trend

The Independent UK

Job hunters rise to highest level for nearly five years – report

The monthly KPMG and REC report on jobs showed a slight improvement in permanent recruitment activity, but it remained in decline.

The Independent UK

Voices: Recruitment is in a doom loop – there’s only one thing for it, chancellor…

COMMENT : As a KPMG study lays bare years of falling job openings, and with the unemployment figure refusing to shrink, Britain’s bosses are stuck in hiring limbo that only Rachel Reeves can get them out of, says James Moore

The Independent UK

UK firms’ hiring intentions remain at record low amid rising employment costs

Economic uncertainty also a factor as bosses ‘stuck in limbo’ and drop in recruitment hits young people hardest

The Guardian - UK

Jobs market cools further over economic concerns and rising costs

Figures showed growth in starting salaries also slowed to its lowest level for more than four years as firms tightened their recruitment budgets.

The Independent UK

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news in one place.

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The Guardian - UK

Number of UK job hunters rises at fastest rate since Covid pandemic

Recruitment body blames ‘scar tissue’ left by April tax increases as starting salaries rise only modestly in June

Operation Sports

The Pros and Cons of Courts Throughout The City in NBA 2K25

As is so often the case with sprawling urban centers bustling with things to do (and buy), The City in NBA 2K25 can be an overwhelming place to explore. Hidden amongst the myriad of shops enticing you to purchase everything from clothing to tattoos to vehicles, you might be surprised…

Tom’s Guide

I’ve been testing TVs for 8 years — and the LG G5 OLED actually wowed me

The LG G5 is a feature-rich OLED TV with a picture so good that it must be seen to be believed.

The Independent UK

One in four employers plan to make redundancies in next three months, report claims

The number of candidates for advertised jobs has increased substantially

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news in one place.

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Evening Standard

Increase in candidates for jobs, study suggests

The biggest drag factor on activity is uncertainty, say recruiters.

The Times of India

Boxers won't miss any more tournaments, assures BFI president Ajay Singh

Boxing Federation of India's chief Ajay Singh announced on Thursday that boxers would soon resume participation in tournaments, with national camps recommencing and a fresh coaching team to be revealed.

The Guardian - UK

Firms hold back on hiring amid ‘significant cost rises’, surveys say

KPMG/REC report shows decline in people being placed in roles continues, while unemployment is rising, says BDO

Dynamite News

REC Limited signs MoU with MP Govt to boost power sector

Under this agreement, REC has committed to providing financial support of Rs 21,000 crore over the next five years for the development of power sector infrastructure in the state. Read further on Dynamite News:

The Guardian - UK

UK hiring on the rise as confidence lifts, research suggests

Companies increase hiring for first time since June, and households more optimistic about their finances

The Guardian - UK

Jobs market and pay growth are cooling off, large UK employers and recruiters warn

Survey reveals net fall in permanent jobs last month amid lengthening slowdown in employment market

The Guardian - UK

Labour must stay ‘laser-focused’ on delivering growth, say business groups

CBI among a number of organisations to call for tough decisions that help companies to attract investment

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