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IFCI BOARD
IFCI shares rally 30% in 3 days, hit fresh record high amid buzz around NSE filing IPO papers by ThursdayVedanta’s Rs 2 lakh crore demerger has sparked renewed interest in its aluminium and power businesses, prompting investors to reassess valu...- Smallcaps & midcaps rally! Firstsource Solutions, Nuvama, Godfrey Phillips, other stocks jump up to 16%Smallcap and midcap stocks outperformed benchmarks on Friday, with select names rallying up to 16% despite broader market weakness. Gains w...
- IFCI unveils ESG PRAKRIT, a comprehensive ESG technology platform for banks and corporatesIFCI Limited has launched ESG PRAKRIT, a new technology platform. This platform offers comprehensive ESG assessment, reporting, and advisor...
- No paralysis here: IFCI board room turns boxing ring, CCO Tomar lands blows on V-P AroraLate last week, an argument between the chief credit officer of the company and one of its vice-presidents degenerated into a fistfight.
- IFCI stock soars 11.4% as government set to reconstitute new boardGovt has initiated the process of reshuffling the board of financing firm IFCI, in a sign that it may want a pivotal role in the company's ...
- Finance Ministry rejects IFCI's plan to set off Rs 523-cr loan against duesThe ministry said the plan to set off the loan against outstanding dues of Hindustan Cable Ltd is illegal and in violation of its direction.
- IFCI Board to take view on stake sale process on ThursdayNon-banking finance company IFCI board will again meet on Thursday to consider inviting bids for selling 26 per cent stake.
- IFCI board may discuss stake sale on Apr 29After failing in its effort to rope in a strategic partner last year, IFCI Board may take up the stake sale process again at its board meet...
- IFCI's board's decision correct: FMUnion Finance Minister P Chidambaram on Saturday termed the decision by the IFCI board to reject the Sterlite-Morgan bid as the 'correct on...
- Pricing wrinkles remain in IFCI stake saleIFCI looks to wrap up stake sale on Wednesday but Sterlite may be negotiating lower price. The decision on 26% stake sale rests with IFCI B...
- Only three left in fray for IFCIInitially, nearly 10 suitors had expressed interest in buying stake in IFCI and only eight were shortlisted by the IFCI board.
- IFCI asks bidders to discount govt aidThe strategic investor in IFCI must discount government’s support of up to Rs 1,300 crore, when making the final bid.
- IFCI offers up to 20% to IFC before stake saleHolding a carrot in front of potential strategic investors, the IFCI board has decided to bring in multilateral institution International F...
- IFCI to sell about 20% stake to IFCHolding a carrot in front of potential strategic investors, the IFCI board has decided to bring in multilateral institution International F...
- IFCI winner may get less than 26% pie on debt conversionWhen the IFCI board meets later this week to finalise exactly how much of the debt it owes to banks will be converted into equity, it will ...
- Another IFCI board member likely to quitThe upcoming IFCI ‘stake-shake’ appears to be donning new shades by the minute.
- IFCI to appoint advisor to find strategic investorThe Industrial Finance Corporation of India (IFCI) board on Tuesday decided to appoint a due diligence advisor to assist it in selection of...
- Private equity firms must join consortia for IFCI stakeThe IFCI board has put been in place a more transparent procedure for inducting a strategic investor.
- Private equity firms must join consortia for IFCI stakeThe IFCI board has put been in place a more transparent procedure for inducting a strategic investor.
- IFCI to invite expression of interest for 26% stakeThe IFCI Board on Saturday decided to invite expression of interest (EoI) for shortlisting a strategic investor.
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