NSE to file IPO by this week? IFCI shares rally 8% to record high; LIC, SBI, other stocks rise up to 2%IFCI shares surged to a fresh 52-week high amid expectations that NSE could file its IPO papers this week. Investors cheered IFCI's indirec...
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...
IFCI shares jump 27% in two sessions. Why is NSE IPO triggering a surge?IFCI shares surged 27% in two sessions amid rising optimism around NSE’s potential IPO filing. The company’s indirect stake in NSE via SHCI...
NSE IPO coming soon? IFCI shares rally 20% to fresh 52-week high. Here’s why the listing buzz is driving stockIFCI shares surged 20% to hit a 52-week high amid rising expectations of the NSE filing its IPO papers soon. The rally was driven by IFCI’s...
IFCI shares in focus after SEBI clears NSE IPO pathIFCI shares may draw attention in the special Budget session after SEBI granted clearance for NSE’s long-awaited IPO. IFCI holds indirect e...
NSE IPO proxy play! Why smallcap IFCI shares jumped 26% in just 1 weekIFCI shares have surged 26% in a week as expectations rise over Sebi potentially approving NSE’s long-delayed IPO this month. The NBFC hold...
IFCI aims to mobilise up to Rs 2,000 cr from sale of non-core assets this fiscalIFCI is also looking at recovery of bad loans under the Insolvency and Bankruptcy Code.
5 private equity investors vie for IFCI’s 26% stake in SHCILDelhi-headquartered non-banking finance company currently holds nearly 53 per cent stake in SHCIL and is exiting several of its non-core in...
IFCI to exit from ACRE before March 31, may fetch Rs 114 croreIFCI holds about 53 per cent stake in SHCIL, which provides custodial, depository and online stock trading services.
SHCIL, ACRE stake sales will help IFCI post healthier growth this year: Malay Mukherjee, CEO"The funds that materialise from these transactions will be used partly for provisioning and partly for increasing profitability."
SHCIL plans to raise Rs 750-900 crore through IPOSHCIL, a custodian and depository service provider, is planning to raise Rs750-900 crore through an IPO, said a person familiar with the de...
PE firm Blackstone may buy LIC stake in SHCILBlackstone is invested in cos such as Moser Baer Energy, NSL Seeds, Monnet, CMS Computers, etc. Its investments through the PE route stands...
- IDBI Bank, IFCI fight for Stock Holding Corp's control
State-run Stock Holding Corporation of India is at the centre of a battle between two state-run financial institutions trying to control it.
Stock Holding Corporation of India to be merged with IDBI Bank; share-swap ratio yet to be fixedSHCIL will be merged with state-owned lender IDBI Bank, subject to approvals from regulators and other SHCIL stakeholders.
Stock Holding Corporation to merge with IDBI BankStock Holding Corporation of India (SHCIL), one of the largest custodians of securities, is expected to merge with government owned IDBI Ba...
- SHCL weighs selling its 5% stake in NSE
One of India’s largest custodial services providers Stock Holding Corporation of India (SHCL) is exploring the option of selling its 5% sta...
- SHCIL chief gets marching orders
Stock Holding Corporation of India’s (SHCIL) chairman and managing director chief R Jayaraman Iyer has been asked to proceed on indefinite ...