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World Bank Group's IFC to Invest Rs. 600 Crore in Mahindra's New EV Unit for Last-Mile Electric Mobility
Mahindra & Mahindra on Wednesday said World Bank Group arm IFC will invest Rs. 600 crore in a new unit of the company, which is being incorporated to scale up the last-mile electric mobility business.
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World Bank Arm To Invest $73 Million In Mahindra's Last Mile Electric Mobility Unit
Automaker Mahindra and Mahindra Ltd said on Wednesday that World Bank's private investment arm, International Finance Corp (IFC), will invest 6 billion rupees ($72.58 million) in the company's last mile electric mobility unit.
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HDFC Gets $400 Million Loan For Financing Green Housing Units
The companies said in separate statements today said this loan will help close the urban housing gap and improve access to climate-smart affordable homes by boosting green housing.
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Indian Navy's 'Information Fusion Centre' Now Open. Here's What It'll Do
Defence Minister Nirmala Sitharaman on Saturday inaugurated the Indian Navy's Information Fusion Centre (IFC) that aims to collaborate with partner countries and multi-national agencies to develop maritime awareness and share information on vessels.
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Bengaluru-Based Byju's Raises $540 Million From Venture Funds
Byju's had earlier raised funds from Chan-Zuckerberg Initiative, Tencent, Sequoia Capital, Sofina, Verlinvest, Aarin Capital, Times Internet, Lightspeed Venture Partners and the International Finance Corporation (IFC).
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In-Flight Connectivity May Soon Happen In India: Telecom Secretary
In-Flight Connectivity (IFC) enabling passengers to make calls and access internet services on domestic and international flights in India may happen this or early next week, Telecom Secretary Aruna Sundararajan said today.
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Bandhan Bank IPO Subscribed Nearly 15 Times On Last Day Of Issue: Ten Things To Know
Bandhan Bank's Rs 4,500 crore initial public offering (IPO) opened on Thursday (March 15) and closed on March 19. The bank sold 119.28 million equity shares, comprising a fresh issue of up to 97.66 million equity shares, and an offer for sale (OFS) of up to 14.05 million equity shares by IFC, and up to 7.5 million equity shares by IFC FIG. Bandhan ...
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Bandhan Bank IPO: IFC, IFC FIG To Sell 1.2 Per Cent Stake
IFC and IFC FIG would offer 1.4 crore and 75.65 lakh shares for sale, respectively.
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Telecom Regulator Recommends Internet, In-Flight Mobile Calls In India
The Indian telecom regulator on Friday recommended that both Internet and mobile communications on board aircraft (MCA) service should be permitted as In-Flight Connectivity (IFC) in the Indian airspace.
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Yes Bank To Raise Rs 330 Crore Via Green Infra Bonds
This is Yes Bank's third such green bond issuance in the last 18 months after its successful maiden issuance of Rs 1,000 crore (USD 160 million) in February 2015 followed by the Rs 315 crore private placement to International Finance Corporation (IFC) in Washington in August 2015.
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IFC To Invest Up To $125 Million In Hero Future Energies
International Finance Corp (IFC) will invest up to $125 million in Hero Future Energies, the renewable energy venture of the Hero Group.
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Finally, National Infra Fund Gets A CEO
After six months of search, the government finally appointed Sujoy Bose, the present director and global co-head-infrastructure and natural resources of the International Finance Corporation (IFC), Washington DC, as chief executive officer of the National Investment and Infrastructure Fund (NIIF) Ltd.
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Punj Lloyd Slumps After UK Court Orders $26 Million Payment To IFC
Shares of Punj Lloyd fell as much as 5.6 per cent to Rs 19.10 on Thursday after a UK court asked the infrastructure company to pay $26 million to International Finance Corporation (IFC) "towards their claims".
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UK Court Orders Punj Lloyd To Pay $26 Million To IFC
A UK court has asked infrastructure major Punj Lloyd to pay $26 million to International Finance Corporation (IFC) for their claims.
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Lenskart Raises Rs. 400 Crores From IFC, Ratan Tata, Others
Lenskart will use the Series D funding to strengthen its supply chain and lens manufacturing capabilities, as well as as expansion to 400 cities in three years.
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World Bank Group's IFC to Invest Rs. 600 Crore in Mahindra's New EV Unit for Last-Mile Electric Mobility
Mahindra & Mahindra on Wednesday said World Bank Group arm IFC will invest Rs. 600 crore in a new unit of the company, which is being incorporated to scale up the last-mile electric mobility business.
-
World Bank Arm To Invest $73 Million In Mahindra's Last Mile Electric Mobility Unit
Automaker Mahindra and Mahindra Ltd said on Wednesday that World Bank's private investment arm, International Finance Corp (IFC), will invest 6 billion rupees ($72.58 million) in the company's last mile electric mobility unit.
-
HDFC Gets $400 Million Loan For Financing Green Housing Units
The companies said in separate statements today said this loan will help close the urban housing gap and improve access to climate-smart affordable homes by boosting green housing.
-
Indian Navy's 'Information Fusion Centre' Now Open. Here's What It'll Do
Defence Minister Nirmala Sitharaman on Saturday inaugurated the Indian Navy's Information Fusion Centre (IFC) that aims to collaborate with partner countries and multi-national agencies to develop maritime awareness and share information on vessels.
-
Bengaluru-Based Byju's Raises $540 Million From Venture Funds
Byju's had earlier raised funds from Chan-Zuckerberg Initiative, Tencent, Sequoia Capital, Sofina, Verlinvest, Aarin Capital, Times Internet, Lightspeed Venture Partners and the International Finance Corporation (IFC).
-
In-Flight Connectivity May Soon Happen In India: Telecom Secretary
In-Flight Connectivity (IFC) enabling passengers to make calls and access internet services on domestic and international flights in India may happen this or early next week, Telecom Secretary Aruna Sundararajan said today.
-
Bandhan Bank IPO Subscribed Nearly 15 Times On Last Day Of Issue: Ten Things To Know
Bandhan Bank's Rs 4,500 crore initial public offering (IPO) opened on Thursday (March 15) and closed on March 19. The bank sold 119.28 million equity shares, comprising a fresh issue of up to 97.66 million equity shares, and an offer for sale (OFS) of up to 14.05 million equity shares by IFC, and up to 7.5 million equity shares by IFC FIG. Bandhan ...
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Bandhan Bank IPO: IFC, IFC FIG To Sell 1.2 Per Cent Stake
IFC and IFC FIG would offer 1.4 crore and 75.65 lakh shares for sale, respectively.
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Telecom Regulator Recommends Internet, In-Flight Mobile Calls In India
The Indian telecom regulator on Friday recommended that both Internet and mobile communications on board aircraft (MCA) service should be permitted as In-Flight Connectivity (IFC) in the Indian airspace.
-
Yes Bank To Raise Rs 330 Crore Via Green Infra Bonds
This is Yes Bank's third such green bond issuance in the last 18 months after its successful maiden issuance of Rs 1,000 crore (USD 160 million) in February 2015 followed by the Rs 315 crore private placement to International Finance Corporation (IFC) in Washington in August 2015.
-
IFC To Invest Up To $125 Million In Hero Future Energies
International Finance Corp (IFC) will invest up to $125 million in Hero Future Energies, the renewable energy venture of the Hero Group.
-
Finally, National Infra Fund Gets A CEO
After six months of search, the government finally appointed Sujoy Bose, the present director and global co-head-infrastructure and natural resources of the International Finance Corporation (IFC), Washington DC, as chief executive officer of the National Investment and Infrastructure Fund (NIIF) Ltd.
-
Punj Lloyd Slumps After UK Court Orders $26 Million Payment To IFC
Shares of Punj Lloyd fell as much as 5.6 per cent to Rs 19.10 on Thursday after a UK court asked the infrastructure company to pay $26 million to International Finance Corporation (IFC) "towards their claims".
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UK Court Orders Punj Lloyd To Pay $26 Million To IFC
A UK court has asked infrastructure major Punj Lloyd to pay $26 million to International Finance Corporation (IFC) for their claims.
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Lenskart Raises Rs. 400 Crores From IFC, Ratan Tata, Others
Lenskart will use the Series D funding to strengthen its supply chain and lens manufacturing capabilities, as well as as expansion to 400 cities in three years.
