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IIFCL net profit rises 47% to Rs 765 crore in FY15

The state-owned infrastructure finance company had earned a net profit of Rs 521 crore on standalone basis in the previous fiscal.

Govt names 45 athletes selected for assistance under TOP

Govt names 45 athletes selected for assistance under TOP

Led by Beijing Olympics gold-medallist Abhinav Bindra, there are 17 shooters from among 45 athletes, who have been selected by the government for financial assistance under the Target Olympic Podium (TOP) scheme.

IIFCL expects Rs 400 cr capital infusion by Dec

State-owned India Infrastructure Finance Company Ltd (IIFCL) expects Rs 400 crore capital infusion from the government in the next two months.

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

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

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

State-owned India Infrastructure Finance Company Ltd (IIFCL) on Friday said it proposes to raise up to Rs 2,500 crore through public issue of tax free bonds.

IIFCL seeks Sebi nod to mop up Rs 8,171 cr via tax-free bonds

State-owned India Infrastructure Finance Company Ltd (IIFCL) has sought market regulator Sebi's approval to raise up to Rs 8,171 crore through tax-free bonds.

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

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

"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.

IIFCL gets SEBI approval for $1 bn IDF

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

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

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

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.

IIFCL to launch $1 billion infra debt fund

India Infrastructure Finance Company (IIFCL) Tuesday said it will launch a USD one billion infrastructure debt fund, for which final approval from market regulator Sebi is expected soon.

IIFCL plans to raise Rs 1,500 cr through bonds

State-owned lender Indian Infrastructure Finance Company (IIFCL) plans to raise Rs 1,500 crore through an issue of bonds.

IIFCL-guaranteed GMR's Rs 316cr long-term bond issue in Jan

The Rs 316-crore issue will be partly guaranteed by IIFCL, a state-run infra lender, through its credit enhancement scheme.

Panel wants IIFCL to be guarantor for infra projects

India Infrastructure Finance Company Ltd (IIFCL) should only lend for tenures of 20 years or more since commercial banks are able to lend for up to 15 years, said HDFC Chairman Deepak Parekh led panel in its interim report submitted to the Prime Minister on Wednesday.

S&P assigns negative rating outlook to 10 Indian companies

After lowering India's rating outlook, Standard & Poor's on Wednesday cut the outlook of ten major public and private sector companies, including NTPC, IIFCL, SAIL, TCS, Infosys and Wipro.

IIFCL plans to raise Rs 100 billion in tax-free bonds

State-run India Infrastructure Finance Co. plans to raise Rs 100 billion by selling tax-free bonds in the fiscal year that began April 1, its chairman said on Wednesday.

LIC, IIFCL may take stake in DMIC project

Life insurance major LIC and India Infrastructure Finance Company (IIFCL) are expected to acquire stakes in the government's ambitious USD 100-billion Delhi Mumbai Industrial Corridor project, an official said Wednesday.

Efforts needed to bridge infra spending gap in 12th Plan: Pranab

The Government on Thursday said there may be a shortfall of USD 300 billion in funding requirements for infrastructure during 12th Plan and financial institutions will have to make extra efforts to bridge the gap.

IIFCL plans to start advisory services subsidiary by March

State-owned India Infrastructure Finance Company (IIFCL) has said it proposes to operationalise its project advisory subsidiary by the end of March next year.