5news.Indian news, all in one place

BREAKING

› 24 Years of Bend It Like Beckham: Gurinder Chadha’s film is the ONLY movie to have been distributed in every country, including North Korea; TV premiere was CENSORED by nearly 50 minutes › SCOOP: Himesh Reshammiya Melodies on a roll! After Yeh Prem Mol Liya and Gunmaaster G9, label bags music rights of Anil Sharma’s Arjun Naga › Indra Kumar, Ashok Thakeria face FIR over alleged Rs 1.50 crores Dhamaal Rights fraud › Batwara 1947 vs Awarapan 2 screen-sharing fight Round 2 begins: Distributor of Sunny Deol starrer asks for one show in single screens; Toxic’s Wednesday release complicates matters › ₹70,000 crore and growing: India’s family office assets set to rise 1.5x in three years — where are wealthy investing?› USCIRF seeks sanctions against RSS, no high-level meetings with its leaders › Rashtriya Swayamsevak Sangh: A look at its origins, ideology and rise (1925-1966)› Scientists found the world’s fastest star moving at 15,500 miles per second › 100 days of governments in Keralam, Puducherry, Tamil Nadu and West Bengal › Shigellosis resurfaces in Keralam; 3-year-old from capital hospitalised › 24 Years of Bend It Like Beckham: Gurinder Chadha’s film is the ONLY movie to have been distributed in every country, including North Korea; TV premiere was CENSORED by nearly 50 minutes › SCOOP: Himesh Reshammiya Melodies on a roll! After Yeh Prem Mol Liya and Gunmaaster G9, label bags music rights of Anil Sharma’s Arjun Naga › Indra Kumar, Ashok Thakeria face FIR over alleged Rs 1.50 crores Dhamaal Rights fraud › Batwara 1947 vs Awarapan 2 screen-sharing fight Round 2 begins: Distributor of Sunny Deol starrer asks for one show in single screens; Toxic’s Wednesday release complicates matters › ₹70,000 crore and growing: India’s family office assets set to rise 1.5x in three years — where are wealthy investing?› USCIRF seeks sanctions against RSS, no high-level meetings with its leaders › Rashtriya Swayamsevak Sangh: A look at its origins, ideology and rise (1925-1966)› Scientists found the world’s fastest star moving at 15,500 miles per second › 100 days of governments in Keralam, Puducherry, Tamil Nadu and West Bengal › Shigellosis resurfaces in Keralam; 3-year-old from capital hospitalised

Business

Power Finance Corporation and REC shares fall up to 3% after Morgan Stanley downgrade

The Economic Times · 20 August 2026 at 12:17 pm

PFC and REC shares fell on Thursday after Morgan Stanley downgraded both stocks to Equal-Weight and cut their target prices.

The brokerage flagged slower loan growth and lowered earnings estimates for FY28 and FY29.

The downgrade comes ahead of the proposed PFC-REC merger, with both stocks already under pressure.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

More from The Economic Times

Sugar stocks Bajaj Hindusthan Sugar, Balrampur Chini, others rally up to 8% after govt tightens stock limits

The Economic Times · 2 h ago

Can Turtlemint Fintech shares rally to Rs 190? Why Jefferies initiated coverage on the stock

The Economic Times · 2 h ago

Strides Pharma Science shares jump 9% after USFDA EIR for Bengaluru facility

The Economic Times · 2 h ago

Milky Mist Dairy Food shares slip 4% after sharp post-listing rally

The Economic Times · 2 h ago

More in Business

₹70,000 crore and growing: India’s family office assets set to rise 1.5x in three years — where are wealthy investing?

LiveMint - Money · 8 min ago

NSE may allow its shares to trade on its own platform after BSE listing

Business Standard · 20 min ago

NRC before Census: Manipur defers census training as protests intensify

Business Standard · 30 min ago

RBI Guv expects $80 bn foreign-currency inflows from rupee support measures

Business Standard · 31 min ago

Govt limits SIM cards to nine per person: Here's what the rules say

Business Standard · 32 min ago

Ministers' dogs get better facilities: Dipke on condition of govt schools

Business Standard · 37 min ago