Search result for 'ifc'

IFC Provides $500M Loan to Axis Bank for Green Projects in India

October 7, 2024 16:28

IFC, the World Bank's private lending arm, has provided a $500 million loan to Axis Bank to fund green projects and develop a blue finance market in India. The loan aims to promote...

IFC MD Meets Finance Minister, Discusses Financial System Reforms

October 4, 2024 18:34

IFC Managing Director Makhtar Diop met with India's Finance Minister Nirmala Sitharaman to discuss reforms in the international financial system and IFC's plans in India, including capacity...

iBUS Raises Rs 280 Crore from IFC for Expansion

September 17, 2024 11:01

iBUS Network and Infrastructure, backed by NIIF, secures Rs 280 crore from IFC for international expansion. The investment will support organic and inorganic growth initiatives.

Vastu Housing Finance Secures USD 50 Million Loan for Affordable Housing

September 12, 2024 21:49

Vastu Housing Finance to borrow USD 50 million from USIDFC for affordable housing, focusing on low-income borrowers and women's home ownership in Tier II to IV towns across India.

Drip Capital Secures USD 113 Million in Funding

September 5, 2024 21:44

Drip Capital, a US-based trade finance platform, has raised USD 113 million through a mix of debt and equity. The funding will support market expansion and new product development.

Intellectual Property Awards 2024: CGPDTM Invites Applications

September 5, 2024 19:48

The CGPDTM has invited applications for the Intellectual Property Awards 2024, recognizing achievements in IP across various sectors, including academia, R&D institutions, MSMEs, startups,...

IFC-ADB Invest $275M in Fourth Partner Energy

August 6, 2024 15:12

IFC, ADB, and DEG invest USD 275 million in Fourth Partner Energy, a renewable energy solutions platform, to expand its portfolio and reach 3.5 GW by 2026.

Tata Realty Secures Rs 825 Crore for Green IT Park in Chennai

July 8, 2024 15:54

Tata Realty has secured Rs 825 crore from IFC to refinance its green commercial project in Chennai, Ramanujan Intellion Park, which boasts sustainable features and hosts thousands of professionals.

IFC Appoints Indian National Vikram Kumar as Asia Pacific Regional Director

July 1, 2024 10:15

IFC appoints Vikram Kumar, an Indian national, as its Regional Industry Director for Infrastructure and Natural Resources in Asia and the Pacific, based in Singapore. Kumar brings over 20 years of...

Pakistan Finance Minister Admits Tax Stress, New Budget Measures

June 30, 2024 18:52

Pakistan's finance minister acknowledges public stress over new taxes imposed in the budget, promising relief to salaried individuals. The budget aims to reduce inflation and increase tax revenue.

Mindspace REIT Raises Rs 650 Cr via Sustainability Bonds

June 25, 2024 18:35

Mindspace Business Parks REIT has raised Rs 650 crore from IFC through sustainability linked bonds, marking its commitment to ESG targets and responsible growth. The funds will be used to refinance...

Northern Arc Capital Raises USD 75 Million Debt from FMO

June 25, 2024 15:27

Northern Arc Capital secures USD 75 million debt from Dutch lender FMO, boosting its portfolio to USD 125 million. Funds will be used for retail micro-loans, MSME loans, and green loans.

Avanse Financial Files for Rs 3,500 cr IPO - Warburg Pincus Backed

June 21, 2024 13:15

Avanse Financial Services, backed by Warburg Pincus, files draft papers for a Rs 3,500 crore IPO, aiming to raise capital for future growth. The IPO includes a fresh issue and OFS by existing...

IFC commits USD 105 mn to Brookfield's Bikaner Solar Power project

June 17, 2024 16:37

IFC commits USD 105 million to Brookfield's 550 MW Bikaner Solar Power project in Rajasthan, boosting India's renewable energy capacity and supporting climate goals.

Avaada Energy Secures Rs 315 Crore for Karnataka Solar Project

May 29, 2024 14:53

Avaada Energy secures Rs 315 crore financing from Aseem Infrastructure Finance for a captive solar project in Karnataka, marking a significant step in India's energy transition.

HDFC Bank Raises USD 500 Mn for Women Borrowers

May 17, 2024 14:44

HDFC Bank secures USD 500 million from IFC to provide microloans to women borrowers, promoting financial inclusion and economic growth. The initiative aims to empower women through access to...

Artemis Medicare Raises Rs 330 Cr from IFC for Expansion

May 16, 2024 18:30

Artemis Medicare Services Ltd has secured Rs 330 crore from IFC to fund its expansion plans and enhance its footprint. The investment will improve healthcare accessibility and quality by supporting...

Northern Arc Raises USD 40 Mn from IFC for Credit Expansion

April 24, 2024 20:44

Northern Arc, a non-bank lender, secures USD 40 million in equity and debt funding from IFC to expand its reach and provide credit to underserved communities in India.

Lighthouse Funds Invests Rs 700 Cr in Parsons Nutritionals

April 15, 2024 13:57

Lighthouse Funds invests Rs 700 crore in Parsons Nutritionals, a contract manufacturer in the FMCG space. The investment is the third from Lighthouse India Fund IV.

Artemis Medicare Raises Rs 330 Cr from IFC for Healthcare Growth

April 5, 2024 14:12

Artemis Medicare Services Ltd will raise Rs 330 crore from IFC through convertible debentures to expand healthcare access, introduce new specialties, and establish cardiac care centers.

IndoEdge Acquires 8% Stake in MG Motor India: CCI Approval

April 2, 2024 22:20

The Competition Commission of India (CCI) has cleared IndoEdge's proposed acquisition of an 8% stake in MG Motor India. The deal involves IndoEdge India Fund - LVF Scheme, a large value fund for...

India Exports First Commercial Pomegranates to US

March 1, 2024 20:14

India has flagged off its first commercial trial shipment of pomegranates to the US via sea, marking a significant step in boosting fruit exports. The 12.6 tonne shipment was sent by INI Farms from...

IFC & Solcon Capital Invest in Deep Tech in India, South Africa

February 28, 2024 13:23

IFC and Solcon Capital partner to invest in deep tech companies in India and South Africa, focusing on 5G, AI, IoT, big data, and cybersecurity.

Delhi Draft Policy: Relocating Logistics to Decongest City

February 10, 2024 19:24

Delhi proposes a new logistics policy to reduce congestion by setting up freight villages and micro-delivery hubs, relocating logistics infrastructure to the city's periphery.

Solar Funding Hits Decade High in 2023: Mercom

January 29, 2024 13:12

Global corporate funding in the solar sector reached USD 34.3 billion in 2023, driven by favorable policies and energy security concerns.

REC Q3 Profit Rises 13.5% to Rs 3,308.42 cr

January 23, 2024 17:37

REC Ltd's net profit surged 13.5% to Rs 3,308.42 crore in Q3 FY24 on higher revenues, while loan book grew by 21% to Rs 4.97 lakh crore. Read more.

Fino Payments Bank Expands in West Bengal, North-East

January 15, 2024 15:36

Fino Payments Bank is expanding its presence in West Bengal and the North-East, adding more touchpoints for banking services. The bank also applied for a small finance bank license.

REC Raises Rs 3,500 Crore via Yen-Denominated Green Bonds

January 12, 2024 20:50

REC Ltd raises JPY 61.1 billion (about Rs 3,500 crore) through green bond issuance, marking the first Yen Green Bond by an Indian PSU. Learn more about the green financing and REC's commitment...

India-Japan Fund Invests Rs 400 Cr in Mahindra Last Mile Mobility

January 11, 2024 15:04

India-Japan Fund will invest Rs 400 crore in Mahindra & Mahindra's unit Mahindra Last Mile Mobility Ltd, acquiring a stake ranging between 6.06% and 8.25%.

Rural Development Ministry Partners with SBI for SHG Loans

January 10, 2024 21:41

The Rural Development Ministry and SBI have signed an MoU to simplify loan access for rural self-help groups (SHGs), with a new financial product, Svyam Siddha, offering loans up to Rs 5 lakhs.

Signature Global Q3 Sales Up 47% on Strong Housing Demand

January 8, 2024 10:08

Signature Global reported a 47% increase in sales bookings to Rs 1,263 crore in Q3 FY24 on robust housing demand. The company sold 1,179 units in the quarter.

Zenex Acquires Ayurvet from Burman Family

December 14, 2023 21:05

Zenex, an animal health company, has acquired Ayurvet from the Burman family for an undisclosed sum. The deal strengthens Zenex's portfolio of offerings and expands its reach globally.

Holistic Urban Ecosystem for Services: Hardeep Singh Puri

November 29, 2023 21:45

Housing Minister Hardeep Singh Puri stresses the need for a holistic urban ecosystem to ensure last-mile access to services, enhance operational efficiency, and integrate digital technology.

Shapoorji Pallonji Pune Housing Projects: Rs 1,500 Crore Revenue

November 1, 2023 15:58

Shapoorji Pallonji Real Estate launches two housing projects in Pune, aiming for Rs 1,500 crore revenue from its 200 acre township. Discover 'Wildernest' and 'Joyville Celestia'.

Company Name
Price
Volume

GTL Infrastructure
2.23 (+ 0.90)
21126559

Vodafone Idea L
9.50 (+ 3.60)
20207556

Suzlon Energy Ltd.
72.15 (+ 1.65)
10888068

Jaiprakash Power Ven
18.63 (+ 0.87)
9273570

Spicejet Ltd.
59.69 (+ 3.70)
6489286

Sensex, Nifty Flat After Firm Opening: Stock...

Indian stock markets opened strong on Tuesday, led by Sensex and Nifty gains, but...

Rupee Rises 6 Paise to 83.94 vs US Dollar - News

The Indian rupee gained 6 paise to 83.94 against the US dollar in early trade on...

Augustinus Bader Skincare & Haircare Launches...

Tira brings Augustinus Bader's luxury skincare and haircare to India, offering...

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