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Recent reforms by govt makes industry optimistic: IDFC Securities

Last Updated: Friday, October 11, 2013, 19:43

Urging people to invest with a long-term horizon, Brokerage firm IDFC Securities on Friday said the recent reform measures undertaken by the government has made the industry optimistic.

CLP India ties up with StanChart, IDBI Bank, IDFC for finance

Last Updated: Monday, September 30, 2013, 17:57

The company signed a "pooled financing" agreement for its wind power assets with Standard Chartered Bank, IDBI Bank Ltd and IDFC," CLP India said in a statement.

GMR group to sell 74% stake in expressway to IIF

Last Updated: Tuesday, September 17, 2013, 15:39

Diversified group GMR on Tuesday said it has decided to sell 74 percent share in GMR Ulundurpet Expressways Private Limited to India Infrastructure Fund of IDFC for Rs 222 crore.

IDFC surges over 7% as RBI lifts FII restrictions

Last Updated: Thursday, September 12, 2013, 11:46

Shares of IDFC on Thursday rose by over 7 percent after the Reserve Bank lifted the restrictions placed on FIIs purchasing shares of the company.

RBI restricts FIIs from purchasing shares in IDFC

Last Updated: Tuesday, August 27, 2013, 21:12

The RBI Tuesday restricted foreign institutional investors (FIIs) from purchasing shares in IDFC Limited as the foreign share holding has reached the overall limit of 54 percent.

IDFC shares plunge nearly 17% on decrease in FII holding limit

Last Updated: Tuesday, August 27, 2013, 14:30

After plummeting over 17 percent to Rs 78.65 -- its 52-week low on the BSE during intra-day, IDFC's shares finally ended at Rs 79.20, down 16.59 percent.

Morgan Stanley downgrades IDFC as funding costs rise

Last Updated: Wednesday, July 24, 2013, 11:53

The downgrade comes as Morgan Stanley cuts its loan growth outlook for IDFC and cites an increase of 125 basis points in three-month commercial papers, which would make funding more expensive.

Religare, IDFC shares surge up to 4.45% on bank licence plans

Last Updated: Wednesday, June 19, 2013, 12:11

In the stock market, the BSE benchmark Sensex was trading at 19,181.95, down 41.33 points at 1120 hrs.

IDFC to seek licence from RBI for setting up bank

Last Updated: Tuesday, June 18, 2013, 22:04

Infrastructure financing company IDFC Tuesday said the board has approved a proposal to seek licence from RBI for setting up a bank.

ICICI Securities, IDFC and Kotak Capital to manage EIL stake sale

Last Updated: Wednesday, May 22, 2013, 12:55

At the market price of around Rs 175 a share, the 10 percent stake sale could fetch about Rs 600 crore to the exchequer.

Five merchant bankers in race for EIL disinvestment

Last Updated: Sunday, May 12, 2013, 11:53

IDFC, Edelweiss Financial Services, IDBI Capital Market Services, Kotak Mahindra Capital Company and ICICI Securities would be making presentations before an inter-ministerial group (IMG) on May 20.

IDFC Net soars 37% to Rs 423cr; Rajiv Lall elevated as chairman

Last Updated: Wednesday, May 1, 2013, 19:24

"Parekh has relinquished his post as Chairman. The board has appointed Rajiv Lall (55) as the Executive Chairman and Vikram Limaye as the Managing Director and CEO," IDFC said in a statement.