Tourism Finance Corporation looks to set up alternative investment fundThe firm is also exploring ways to raise funds through long-term bonds and debentures, he told ET, adding that TFCI will aggressively expan...
19 Aug, 2024, 12.16 AM IST
TFCI shares crash 20% on company’s exposure to Cox & KingsLast week, Cox & Kings defaulted on payment of commercial papers.
03 Jul, 2019, 07.55 AM IST
We have become the capacity creator of the country: Satpal Kumar Arora, MD, TFCI"We will be maintaining our portfolio mix of about 75% to 80% with the hospitality industry. The remaining 20% can be in other industries,"...
08 Jun, 2017, 02.00 PM IST
IFCI’s stake sale in lender TFCI worries tourism industryIn existence for more than 25 years, TFCI is the only government promoted financial institution for funding tourism projects.
21 Mar, 2017, 01.34 AM IST
Two stock ideas that will create wealth in next one year: Ashish Maheshwari, Blue OceanOne of the ideas is an NBFC which is available at Rs 500 crore m-cap and market price to book value is almost one. This is one of the cheap...
15 Mar, 2017, 04.29 PM IST
5% of revenue of hotel industry may come down due to demonetisation: Satpal Arora, MD, TFCIWe see some effect is there on the F&B, food and beverages and catering some business is down but hotel is doing well.
02 Dec, 2016, 12.51 PM IST
Incomplete bank licence applications will not be considered: RBIThe Reserve Bank said applications for bank licences received after the last date of July 1 or incomplete applications will not be consider...
21 Jun, 2013, 09.20 PM IST
Tourism Finance Corporation shares surge over 16% on banking foray plansShares of TFCI today soared by over 16 per cent after the company said its board has approved a proposal to seek licence from RBI for setti...
20 Jun, 2013, 01.24 PM IST
Tourism Fin Corp to seek licence from RBI for setting up bankTourism Finance Corporation of India Ltd (TFCI) today said the board has approved a proposal to seek licence from RBI for setting up a bank.
19 Jun, 2013, 07.45 PM IST
- TFCI tells SC it wants to withdraw case against IFCI
Tourism financing company TFCI told the Supreme Court that it does not want to pursue the litigation over appointment of board directors.
04 Jul, 2011, 11.07 PM IST
- EGM to appoint new addl director on TFCI board invalid: CLB
The direction of the board came over a petition filed by tourism finance body TFCI seeking to restrain Industrial Finance Corporation of In...
22 Mar, 2011, 12.20 PM IST
- Keep holding IFCI: Hemant Kale
Price activity is trading above the trend line. The current trend line is at 52 level. So, those in position should definitely keep holding...
28 Dec, 2010, 02.53 PM IST
- 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...
02 Dec, 2010, 05.12 AM IST
- 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...
01 Dec, 2010, 11.08 AM IST
- Data Center 2009 looks for the next-gen green IT challenge
TFCI organised a summit - DataCenter 2009, India’s largest conference focusing on the green initiatives in Data Centers.
23 Jul, 2009, 07.23 PM IST
- CARE upgrades Tourism Finance Corp bond rating to 'CARE A+'
Instruments with this rating are considered to offer adequate safety for timely servicing of debt obligations. Such instruments carry low c...
08 Dec, 2008, 12.32 PM IST
- TFCI rises 31% on institutional buzz
The Tourism Finance Corporation of India (TFCI) has outperformed benchmark indices in the past few weeks.
30 Aug, 2007, 01.22 AM IST