Over 300 Stocks Fell Between 10-31%, Smallcap Index Fell More Than 7%
Bears took full charge after a solid start to Dalal Street, with the Indian benchmark index down more than 2% in the week to Dec....
Tag : IFCI
IFCI Preferential Issue Approves by Board up to Rs 100 Crore to Central Govt
The Central government is the company’s promoter and holds a 64.86 per cent stake in IFCI. On 27 September 2022, the board of directors of...
IFCI Sells NSE Stake Worth Rs 805 Crore, Shares Jump 10%
State-owned development finance institution IFCI Ltd on Tuesday said that it has raised Rs 805.6 crore by selling its stake the National Stock Exchange Ltd...
IFCI Reports A Net Loss Of Rs. 341 Crores For The Q1 FY19
Infrastructure sector lender IFCI Limited (previously Industrial Finance Corporation of India) reported a standalone net loss of for the June-end quarter of the current fiscal...
IFCI to raise Rs.3,000 crore from debt in current fiscal
IFCI proposes to raise Rs.3,000 crore from debt, including bonds, in the current fiscal to support expansion of its loan book. The company is looking...
IFCI divests 0.20% stake in NSE
IFCI has sold 0.20% stake in stock exchange NSE for Rs.92.51 crore. IFCI from time to time is selling stake in NSE. The company in...
IFCI sold 24% stake in TFCI for Rs.290 cr
IFCI, term lending financial institution,sold 24% of its stake in Tourism Finance Corporation Of India (TFCI) for Rs.290 crore. The company in total had 26%...
IFCI is going to sell 26.09% stake in TFCI
IFCI is going to sell its entire 26 percent stake in Tourism Finance Corporation of India (TFCI). BN Nayak, CFO&ED of IFCI has said that...
IFCI has raised the lending rate by 10 basis points to 8.6%
IFCI, the term finance lender has raised the benchmark lending rate by 0.1 percentage point (10 bps) to 8.6 percent. IFCI has said in a...
Axis Bank signs agreement to buy over 13% in ACRE from IFCI at Rs 22.7 crore
Axis Bank is going to buy 13.67 percent stake in Assets Care and Reconstruction Enterprise (ACRE) from IFCI Ltd for Rs 22.72 crore. Both the...