Top 10 biz headlines: Jet gets another EoI, PFC-REC merger stuck, and more

This is the third EoI that Jet has received in the second round of bidding

Beleaguered Jet gets another EoI; CoC extends deadline for resolution plan

Russia-based Far East Development Fund has submitted an expression of interest (EoI) for the beleaguered Jet Airways, sources close to the development said. This is the third EoI that the airline has received in the second round of bidding. Read More

PFC-REC merger stuck, Centre reaching out to PSUs to pick up stake

The merger of India’s two leading non-banking financial companies (NBFCs) in the power sector is yet to conclude even after a year of Power Finance Corporation (PFC) taking over the central government’s stake in Rural