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IDFC mops up Rs 538 cr from infra bonds

Last Updated: Tuesday, December 20, 2011, 23:18

IDFC today said it has mopped up Rs 538.08 crore from the first tranche of its tax-saving long term infrastructure bonds from around 2.7 lakh retail investors.

IDFC sells 25% stake in MF biz to Natixis Global

Last Updated: Monday, December 12, 2011, 21:21

Financial services group IDFC has sold 25 percent stake in its mutual fund business to French major Natixis Global Asset Management (NGAM) for an undisclosed amount.