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Railways disinvestment: RITES may be the first one to get listed during the current fiscal

Government wants to raise at least Rs 500 crore from the listing of RITES alone.

Jan 03, 2018, 15:03 PM IST

IRFC to issue Rs 6000 cr tax-free bonds

Indian Railway Finance Corporation (IRFC) would raise Rs 6,000 crore through tax-free bonds in the current fiscal, Lok Sabha was told Monday.

Aug 10, 2015, 19:03 PM IST

Indian Railways first in line to raise rupee bonds offshore

Indian Railways Finance Corp, the finance arm of Asia`s largest rail network, plans to raise up to USD 1 billion through offshore rupee bonds, making it the first domestic issuer to eye so-called "masala" debt to diversify its source of funds.

Apr 22, 2015, 16:31 PM IST

IRFC net profit up 19.54% to Rs 421.73 cr in H1 FY15

Indian Railway Finance Corporation Ltd (IRFC) on Wednesday posted a 19.54 percent rise in its net profit at Rs 421.73 crore for the six-month period ended September 30, 2014.

Dec 10, 2014, 11:48 AM IST

IRFC raises $500m in overseas bond sale

The bonds have a Baa3 rating by Moody's, BBB- by S&P and BBB- by Fitch.

Feb 20, 2014, 23:17 PM IST

Railways to borrow Rs 13,800 cr in 2014-15

Indian Railways will borrow less at Rs 13,800 crore from market through its two companies IRFC and Rail Vikas Nigam Ltd for capital expenditure during 2014-15.

Feb 12, 2014, 18:29 PM IST