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IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to knowIndian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% sta...- Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...
- LIC, HAL, among 10 stocks that saw sharpest decrease in government shareholding in Q4. Check listForeign selling, geopolitical tensions and market volatility eroded the value of the Government of India’s holdings in key listed companies...
- LIC’s $2 billion contrarian bet: 10 stocks the DII giant bought while the market bledLife Insurance Corporation of India invested nearly $2 billion in 10 stocks during the March quarter's market fall. LIC bought shares in co...
- RBI move may push govt NBFCs into Upper-Layer NBFC categoryThe Reserve Bank of India is proposing new rules for classifying large financial companies. State-owned firms like Power Finance Corp and R...
- IRFC shares rise 3% as firm eyes higher margins from non-Railway lendingIRFC plans to boost margins by expanding lending beyond railway projects, exploring metro financing and refinancing World Bank loans. The P...
- Stocks in news: Wipro, IRFC, TCS, Zydus Life, LIC HousingLIC Housing Finance said its board has given a nod to borrow Rs 1.23 lakh crore through loans, issue of bonds, and other instruments, in th...
- Stocks in news: Hero MotoCorp, Honasa Consumer, LIC, Zomato, Tata PowerShares of Hero MotoCorp, Honasa Consumer, IRFC and Tata Power will be in focus as the companies will report their third quarter earnings to...
- IRFC keen to lend to infra projects linked to railway stations"We have to ensure that our basic strength as a nil non-performing asset (NPA) company is upheld. To ensure that, we will continue our due ...
- IRFC’s overseas bonds get record investor interestThe company is estimated to have received $7.5-8 billion worth of demand.
- IRFC looks to raise $1 billion debt, issue likely to open ThursdayThe borrowing arm of the Indian Railways may launch the bonds with two maturities – 10 years and 30 years.
- LIC will invest up to Rs 26,000 crore in IRFC“IRFC will issue bonds to LIC to ... meet its borrowing requirements. The cost of borrowing looks cheap compared to other market rates,” .
- IRFC's Rs 5,000 crore bond issuance to LIC gets govt guarantee
- IRFC in talks with government for sovereign guarantee to bondsIndian Railways had signed a memorandum of understanding in March 2015 with the state-run insurer to seek Rs 1.5 lakh crore over a period o...
- Railways to raise Rs 35,000 crore more in FY18All the borrowing will be done through the IRFC, according to a senior official, who said the plan includes raising Rs 18,000 crore through...
- Finance ministry okays LIC’s Rs 1.5 lakh crore funding of Indian RailwaysLIC had signed a MoU two years ago to invest in the railways through bonds but since this would take its exposure to more than 25% of IRFC’...
- Rail Budget 2016: Railways to mobilise Rs 20,000 crore from market borrowing in FY'17Indian Railways Finance Corporation will raise Rs 19,760 crore in 2016-17 for investment in rolling stock and projects, while RVNL plans to...
- LIC to buy corporate bonds worth Rs 2,000-cr from Indian RailwaysIndia’s largest insurer and national transporter are set to kick off their funding journey with a bilateral bond deal.
- Bond issuers seek better pricing after RBI's rate cut, rethink offersAt least three state-owned issuers have scrapped or delayed issuances in the last one week toward this end.
- IRFC's Rs 1,200-cr Bonds 'Costliest' in 10 DaysIndian Railway Finance Corporation, or IRFC, has received bids worth 1,200 crore from banks and financial institutions at 9.80% annual rate,
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