Two held for looting gold, cash from pvt finance company

Last Updated: Monday, November 25, 2013, 21:43

Two persons, both accused in the loot of gold and cash from a private finance company from Adityapur, about three km from Jamshedpur, in Seraikela-Kharswan district were arrested from Palamau district, a senior police officer Monday said.

IIFCL to raise up to Rs 2,500 cr from tax free bonds

Last Updated: Friday, October 11, 2013, 18:03

The company had received bids aggregating to Rs 714.37 crore towards the first tranche of bond issue till yesterday, he added.

Chit fund owner abducted by agents and depositors, rescued by police

Last Updated: Friday, May 24, 2013, 21:53

Mohammed Mustakin, the proprietor of Gem Dream Finance Company, was forcibly pushed into a car by agents and investors near Hiland Park area.

Piramal picks 10% stake in Shriram Transport for Rs 1,652 cr

Last Updated: Friday, May 10, 2013, 15:14

Piramal Enterprises, a Piramal Group firm, today said it has acquired nearly 10 per cent stake in Shriram Transport Finance Company for a total consideration of Rs 1,652 crore.

IIFCL net profit up 47% at Rs 1,000 cr in 2012-13

Last Updated: Monday, April 8, 2013, 17:53

The state-owned infrastructure finance company had earned a net profit of Rs 678 crore in the previous fiscal.

IIFCL's UK arm targets $1 bn loan disbursement in FY'14

Last Updated: Monday, April 8, 2013, 17:52

"Ministry of Finance, Government of India has recently approved the limit of 50 percent for lending to projects set up by private companies (non PPP projects) from 20 percent of lending in an accounting year for IIFC(UK)," IIFCL Chairman and Managing Director S K Goel said here.

Economic Survey: IIFCL expected to guarantee bonds of private infra firms

Last Updated: Wednesday, February 27, 2013, 20:24

"The IIFCL is expected to graduate in the 12th Plan from the existing role of a normal lender to that of a catalyst mobilising additional resources for financing of infrastructure," it said.

Three firms eye Rs 12,000 cr through tax-free bonds

Last Updated: Sunday, February 24, 2013, 11:55

Three state-run companies, Indian Railway Finance Corp, Rural Electrification Corp and India Infrastructure Finance Company, will hit the capital market tomorrow to collectively raise up to Rs 12,344 crore through sale of tax-free bonds.

IIFCL gets SEBI approval for $1 bn IDF

Last Updated: Wednesday, January 16, 2013, 22:12

State-owned India Infrastructure Finance Company Ltd (IIFCL) Wednesday said it has got SEBI nod for floating USD 1 billion (about Rs 5,000 crore) infrastructure debt fund (IDF), which will be operational in a month.

IIFCL pays maiden interim dividend of Rs 221.13 cr to govt

Last Updated: Monday, January 14, 2013, 22:34

Infrastructure finance company IIFCL Monday paid maiden interim dividend of Rs 221.13 crore for 2012-13 to the government.

IIFCL to get new $1.2 bn credit line from ADB

Last Updated: Wednesday, December 26, 2012, 17:04

IIFCL had earlier secured an RBI line of credit from the foreign exchange reserves of UD 5 billion out of which USD 1 billion had been already consumed.

IIFCL plans to raise up to Rs 9,215 cr through tax-free bonds

Last Updated: Monday, December 24, 2012, 16:37

State-owned India Infrastructure Finance Company Ltd (IIFCL) Monday said it plans to raise up to Rs 9,215 cr through tax-free bonds to fund infrastructure projects in the country.