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IDFC Mutual Fund collects over Rs 240 cr through equity NFO

Last Updated: Thursday, April 11, 2013, 17:58

IDFC Mutual Fund has garnered over Rs 240 crore through its new fund offer despite sluggish stock markets.

IDFC Q3 net up 21% at Rs 468.67 cr

Last Updated: Friday, February 1, 2013, 21:09

Infrastructure finance company IDFC Friday posted 21 percent rise in net profit at Rs 468.67 crore for the third quarter ended December 31, 2012.

NHAI nod for 74% equity buy in Delhi-Gurgaon E-way by IDFC

Last Updated: Thursday, January 31, 2013, 14:43

NHAI Board has given its approval for 74 percent equity takeover by IDFC in the Delhi-Gurgaon expressway project from its present developer DSC Ltd.

SEBI imposes Rs 20 lakh fine on entity in IPO fraud case

Last Updated: Thursday, December 20, 2012, 21:31

Capital market regulator SEBI has imposed a penalty of Rs 20 lakh on one Biren Kantilal Shah for his alleged fraudulent trade practices in IPOs of Suzlon Energy and Infrastructure Development Finance Co Ltd (IDFC) in 2005.

DSP Blackrock to join NPS as fund manager, IDFC pulls out

Last Updated: Tuesday, November 6, 2012, 16:33

DSP BlackRock Investment Managers (P) Ltd has decided to join as pension fund manager to manage New Pension Scheme (NPS) corpus, while IDFC has pulled out after not renewing its tenure, sources said.

Merchant bankers for MMTC divestment likely this week

Last Updated: Sunday, November 4, 2012, 13:42

The Government is likely to finalise this week appointment of merchant bankers for selling its 9.33 percent stake in MMTC.

IDFC sees 20% credit growth this fiscal

Last Updated: Monday, October 29, 2012, 20:29

Lall said the non-banking finance corporation is hopeful of sound growth in profitability in this fiscal.

IDFC pvt equity arm invests Rs 155 cr in Parag Milk Foods

Last Updated: Tuesday, September 18, 2012, 22:54

Private equity arm of IDFC today said it has invested Rs 155 crore in the Parag Milk Foods, making it the largest PE deal in the dairy sector.

Positive re-rating likely for Indian markets: IDFC

Last Updated: Wednesday, August 29, 2012, 21:45

Indian markets can be re-rated positively following the change of guard at the Ministry of Finance, a brokerage firm said in a report released on Wednesday.

Macquarie Bank sells Rs 102-cr stake in IDFC

Last Updated: Tuesday, June 19, 2012, 22:42

According to bulk data available with the stock exchanges, Macquarie Bank sold 80 lakh shares of IDFC for Rs 127.55 apiece, valuing the deal at Rs 102 crore.

India needs to raise infra spending to 10% of GDP

Last Updated: Saturday, May 5, 2012, 14:12

India needs to raise infrastructure spending to 10 percent of GDP to achieve and sustain economic growth target of 9 percent in the coming years.

IDFC mops up Rs 532.6 cr from tax saving infra bonds

Last Updated: Monday, January 2, 2012, 14:51

Infrastructure Development Finance Company (IDFC) on Monday said it has raised Rs 532.6 crore through an issue tax-saving infrastructure bonds.