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.

Centre must work in tandem with States in hydropower: PwC

In order to achieve hydropower generation capacity target, the Centre needs to work in collaboration with other Ministries, departments and State Governments, consultancy firm PwC has said.

Economic Survey: IIFCL expected to guarantee bonds of private infra firms

"The IIFCL is expected to graduate in the 12th Plan from the existing role of a normal lender to that of a catalyst mobilising additional resources for financing of infrastructure," it said.

Three firms eye Rs 12,000 cr through tax-free bonds

Three state-run companies, Indian Railway Finance Corp, Rural Electrification Corp and India Infrastructure Finance Company, will hit the capital market tomorrow to collectively raise up to Rs 12,344 crore through sale of tax-free bonds.

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-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.

IIFCL to start Rs 10,000-crore fund raising from Nov 12

State-owned India Infrastructure Finance Company (IIFCL) on Friday said it would start the process of raising Rs 10,000 crore from tax-free bonds beginning November 12.

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.