Last Updated: Thursday, December 19, 2013, 20:25
IDFC said in a BSE filing that the institution would endeavour to bring down the foreign shareholding to below 50 percent in case it gets bank licence from the RBI.
Last Updated: Tuesday, October 22, 2013, 15:38
IDFC Capital, a unit of IDFC Ltd advised Symbiotec on the deal.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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