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IFCI FACTORS
IFCI merger: Transaction advisor gives recommendations to govt for PSU NBFC's 2-stage consolidationIFCI shares surged 9% after its advisor proposed a two-phase consolidation plan to the Government of India. Phase 1 includes merging four s...
Govt appoints Rahul Bhave as MD of IFCIRahul Bhave has been appointed as the Managing Director and CEO of IFCI for a three-year term. The government has also approved the consoli...
IFCI board approves Rs 500 cr fund infusion via preferential issue of sharesIFCI on Wednesday said its board has approved Rs 500 crore capital infusion in the company through the preferential issue of shares to the ...
Govt to infuse Rs 500 cr in IFCI to improve its financial healthThe Indian government is injecting Rs 500 crore into IFCI to bolster its financial standing before a planned restructuring and consolidatio...
Care Ratings downgrades long-term instruments of IFCIIFCI said its long term instruments’ ratings were downgraded to BBB- from BBB by Care.
Raising money from IFCI for your business: A guide to approach the lenderIFCI has been instrumental in providing financial support to many Industries across the spectrum.
IFCI plans selling stakes in three companiesState-owned term lender IFCI is planning to sell its stake in three companies, including National Stock Exchange.
IFCI to raise Rs 2,000 crore through bonds this fiscalState-owned term lender IFCI plans to raise Rs 2,000 crore from bonds during the current fiscal to fund business expansion.
- IFCI Factors files draft prospectus for IPO
IFCI Factors on Thursday filed draft prospectus with market regulator Sebi for an initial share sale which could garner about Rs 1,000 cror...
- IFCI Factors Issue to hit market in Q3, to dilute 35%: MD, IFCI
Atul Kumar Rai, CEO & MD, IFCI in an interview with ET Now talks about the company's prospect and its strategic planning.
- TFCI stock soars on takeover buzz
According to media reports, IFCI, a major shareholder in TFCI, is planning to buy additional shares and gain complete control of the corpor...
- IFCI jumps over 4 pc on TFCI majority stake buying buzz
IFCI jumped over four per cent in the early trade on reports that it was looking to buy majority stake in Tourism Finance Corporation of In...
- IFCI acquires 46.65 pc more stake in Foremost Factors
IFCI on Wednesday announced acquisition of 46.65 per cent stake in factoring company Foremost Factors Ltd thereby increasing its stake to 9...
- IFCI asks bidders to discount govt aid
The strategic investor in IFCI must discount government’s support of up to Rs 1,300 crore, when making the final bid.
‘We would prefer a basket of investors'IFCI’s 26% strategic sale that was kick-started earlier this month has caught the imagination of investors and punters alike.
- IFCI to get a strategic investor
IFCI may soon get an ally to stay on track as the government plans to rope in a foreign or local bank.
- Mohan Group may buy out IFCI in Foremost
The Mohan Group may look at buying out its joint venture partner IFCI’s stake in Foremost Factors, a New Delhi-based firm.