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Government plans stake sale of state-owned IRFC: Report"The stake sale would take place soon," a government official said, adding that while the government is yet to decide the exact quantum of ...17 Aug, 2023, 12.04 AM IST- Street gets clear signal with government's rail infra push, PSU stocks riseState-owned railway firms, including Rail Vikas Nigam (RVNL), Indian Railway Finance Corp. (IRFC), and Ircon International, extended their ...03 May, 2023, 12.27 AM IST
- IRFC net up 15.6% to Rs 2,934 cr for 9 monthsIndian Railway Finance Corp reported a growth of 15.6% in net profit to ₹2,934 crore for the nine months ended December 31, 2020, according...16 Feb, 2021, 08.12 AM IST
- IRFC IPO kicks off: Brokerages say subscribe with long-term gainsMost brokerages say the IRFC IPO is attractively priced and can be a good bet for conservative long-term investors, given the company's low...18 Jan, 2021, 02.08 PM IST
- Trust group enters MF biz, to make debut via banking fundInvestors can expect 5% or higher tax free return in a time horizon of three and a half years. This is billed as an opportunity to earn hig...07 Jan, 2021, 08.46 PM IST
- Govt plans further stake sale in IRCTC, invites bids from merchant bankers by Sep 10The government currently holds 87.40 per cent stake in IRCTC.To meet Sebi's public holding norm, the government has to lower its stake in t...20 Aug, 2020, 04.30 PM IST
- IRFC IPO likely by December-end, to fetch about Rs 500-1,000 croreIRFC raises funds from capital markets for funding expansion plans of the Indian Railways.13 Jul, 2020, 05.09 PM IST
- Govt to divest 25% in RailTel, invites bids from merchant bankers to manage IPOAs on March 31, 2018, RailTel Net worth stood at Rs 1,249 crore.20 May, 2019, 03.58 PM IST
- Govt targets Rs 300 crore from RailTel IPO by SepThe Cabinet in December last year approved initial public offering (IPO) of RailTel Corporation India by diluting up to 25 per cent governm...13 May, 2019, 03.22 PM IST
- ET in the classroom: Off-budget financingEven though the borrowing and spending is outside the budget, it has implications for the budget and for all practical reasons should be in...10 Jan, 2019, 11.39 PM IST
- REC, IRFC may raise $600 million via dollar bondsBoth these companies have to raise the money in the next 10 days.05 Dec, 2017, 09.15 AM IST
- Companies with foreign currency loans like Power Fin Corp, Indian Railways rush for cover amid volatile marketIndian companies with millions of foreign currency loans are scrambling to hedge their exposure amid rising volatility in the currency mark...08 Feb, 2016, 04.00 AM IST
- NHAI's tax-free bond issue likely to sail throughNHAI seen completely backed by govt, while IRFC, in trouble with its bond issue, seen as part of railways only.14 Jan, 2014, 05.37 AM IST
- IRFC public issue to raise Rs 8,663 cr to begin on Jan 6SBI Capital Markets, A K Capital Services, Axis Capital, ICICI Securities and Kotak Mahindra Capital Company are the lead managers to the i...25 Dec, 2013, 04.12 PM IST
- IRFC, Rural Electrification Corp, IIFC eye Rs 12,000 crore through tax-free bondsAs per the information filed by the companies with the stock exchanges, IRFC is likely to raise a minimum of Rs 1,000 crore.24 Feb, 2013, 11.00 AM IST
- Railways to invest Rs 5 lakh cr during 12th five year planRailways is also keen to attract private investment as it does not generate enough funds to finance its own development plans.25 Dec, 2012, 05.35 AM IST
- State companies to raise Rs 23,000 crore next week via tax-free bondsRetail investors investing up to 10 lakh, will get 7.69 per cent for 10-year bonds, and 7.86 per cent for bonds in tenors of 15 years.15 Dec, 2012, 06.55 AM IST
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