PTC India Finance plans to raise $100 m via ECB routeThe fundraising is expected to be completed by the end of January, PTC India Financial managing director Pawan Singh said.
Reliance subsidiary moves Delhi High Court seeking attachment of DMRC accountsThe money was to be deposited in an escrow account maintained with the banks which had loaned money to DAMEPL for the Airport Express line ...
IIFCL net profit rises 47% to Rs 765 crore in FY15India Infrastructure Finance Company Ltd (IIFCL) today reported 47 per cent jump in its net profit at Rs 765 crore for the year ended March...
Delhi Airport Metro may turn non-performing assetThe showpiece Airport Metro faces the threat of becoming a nonperforming asset (NPA) since the lenders have not been getting the instalment...
Banks may send notice to Airport Metro for non-payment of duesConsortium of lenders led by Axis Bank may send notice to Delhi Airport Metro Express Private Ltd for non-payment of dues for over two mont...
IIFC UK asked to increase loans to Indian firmsThe government is pushing the UK arm of infrastructure financing firm India Infrastructure Finance Corporation to expand its portfolio.
- IIFCL's UK arm targets $ 1 billion loan disbursement in FY'14
State-owned India Infrastructure Finance Company Ltd said its London subsidiary IIFC(UK) is targetting fresh loan dibursement of $ 1 bn.
IIFCL UK lower rates by 275 bpsThe UK based arm of IIFCL, will be able to lend more to private players as the company seeks to remove the cap on lending.
- Government may relocate UK arm of India Infrastructure Finance Company to Netherlands
Government is considering a plan to relocate the UK arm of the infrastructure financier to the Netherlands to save taxes and make it more v...
- Govt spanner in IIFCL UK Plan to lend more to private sector
The government is not in favour of allowing state-run IIFCL’s UK-based subsidiary to lend more to the private sector.
- IIFCL FY11 net rises by 61 pc to Rs 262.28 cr
State-owned India Infrastructure Finance Company Ltd (IIFCL) today posted 61.3 per cent jump in its consolidated net profit at Rs 262.28 cr...
- Plan to tap forex reserves for funding infra projects pays off
After the initial controversy, the Indian government’s experiment to deploy $5 billion of the Reserve Bank of India’s foreign exchange rese...
- IIFC UK routes $1.57 bn forex reserves in 18 months
India Infrastructure Finance Corporation UK (IIFC), the nodal agency based in UK to route the forex, has sanctioned $1.57 billion in the fi...
- IIFC arm okays $270-m loan for Tata, ADAG infra projects
London-based IIFC (UK), the newly-formed foreign arm of India Infrastructure Finance Company (IIFC), has sanctioned $270-million loans to t...
- IIFCL provides Rs 8,559 cr loans to 32 Infra projects in FY'08
India Infrastructure Finance Company on Friday said it has provided a total financial assistance of Rs 8,559 crore to 32 projects in 2007-0...
- 3i beats target to raise $1.2 bn for India Infrastructure Fund
The 3i Group on Wednesday announced the closure of its India-focused 3i India Infrastructure Fund with a total corpus of $1.2 billion.
- FM confident of 8.8% growth rate
Finance Minister P Chidambaram countered the IMF's recent growth forecasts, and said that he is 'confident' that India will end 2007-08 wit...