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Apollo Hospitals to acquire 31 pc stake held by IFC in arm Apollo Health & Lifestyle for Rs 1,254 crApollo Hospitals Enterprise Ltd will acquire International Finance Corporation's 31% stake in Apollo Health and Lifestyle Ltd for ₹1,254.07...- IFC partially exits Puravankara’s Bengaluru projectThe exit — from 1.4 million square feet plotted development project spread over 60 acres — was at an internal rate of return of 20%. The pr...
- IFC invests Rs 300 cr in agro-chemical firm Crystal Crop ProtectionThe statement did not mention the dilution of stake by Crystal Crop for raising this equity fund from IFC. The project will increase farmer...
- ETtech Deals Digest: Cars24, Razorpay raise fundsOnline used car platform Cars24, payment gateway Razorpay, business-to-business (B2B) commerce startup OfBusiness were among the startups t...
- Tokensation rule will cause 'havoc'; linking Aadhaar to voter ID is 'dangerous'India's technology firms are rushing to petition the Reserve Bank of India to delay the implementation of its tokenisation mandate.
- Big deals keep on comin’; Apple asks CCI to junk caseThe year may be drawing to a close but the fundraising continues unabated. Two big deals – in excess of $300 million each were announced on...
- Bizongo raises $110 million from Tiger Global, others at $600-million valuationBizongo, a B2B ecommerce and supply chain enablement platform, has also launched a new product — a ‘cloud factory’ powered by internet of t...
- World Bank arm IFC holds nearly 5% stake in Federal Bank with Rs 916 crore capital infusionIncreased financing for climate-friendly projects as well as more financing for small businesses to help accelerate India's economic recove...
- Federal Bank Q1 results: Net profit falls 8.4% to Rs 367 croreOn a sequential basis also, the net profit was down 23.1 per cent, from Rs 477.81 crore in the quarter ended March 2021.
- Federal Bank board approves Rs 916 crore fund raise from IFCThe board also decided to raise up to Rs 4,000 crore by issuing equity shares or other instruments through various modes and Rs 8,000 crore...
- IFC to invest $76 million in Puravankara’s affordable housing platformThe alliance will build around 4,000 housing units in the next five to seven years, with other projects to be identified by 2021, the compa...
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