NEW DELHI: The government has decided to infuse ₹500 crore capital in state-owned IFCI to improve its financial health ahead of the company's proposed restructuring and consolidation into a group.
With the infusion, the government of India's holding in the company is expected to further increase from existing 71.72% as on September 2024.
The capital infusion plan for IFCI was approved through the passage of the first Supplementary Demand for Grants for 2024-25 in Lok Sabha last week.
The Supplementary Demand for Grants for 2024-25 made an allocation for an additional amount of ₹499.99 crore for Subscription to the Share Capital of Industrial Finance Corporation of India (IFCI).
Diese Geschichte stammt aus der December 23, 2024-Ausgabe von Hindustan Times Jaipur.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 23, 2024-Ausgabe von Hindustan Times Jaipur.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
UNBLOCK ME ON INSTA
As AP Dhillon accuses Diljit Dosanjh of blocking him on Insta, the latter denies, saying his issue could be with governments, but not artistes
All about Pari didi and Vicky bhaiya's love at Karan Aujla's Mumbai show
Besides being high on music, Karan Aujla's India tour has also been high on glam.
Baldoni rubbishes Blake Lively's sexual harassment claim
Hours after it became public that actor Blake Lively had sued actor-filmmaker Justin Baldoni for sexual harassment, Baldoni's attorney Bryan Freedman issued a statement to the Mirror UK, calling the allegations categorically false and terming the lawsuit 'shameful'.
Crowd pleaser Pant needs to rediscover himself again
The enforcer at No.5 is yet to get going and the visitors will hope he has the same impact Head has had with the Aussies
Ashwin and Jadeja: A pair broken up after 12 seasons
It seemed odd to hear Ravindra Jadeja talk about R Ashwin in the past tense.
From chaos to contenders: Maresca causing the turnaround for Chelsea
\"No matter how many games we are going to win, I think we are not ready to compete for the title.\" That was Enzo Maresca after Chelsea beat Brentford 2-1 and moved to second in the Premier League, two points behind Liverpool who have a game in hand.
Atletico snatch late win at Barcelona to top La Liga
Atletico Madrid came from behind to snatch a last-gasp 2-1 victory over Barcelona and claim leadership of La Liga on Saturday.
IPO boom: Record ₹1.6 lakh crore raised in 2024
Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record ₹1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.
Good opportunity in chip fabrication in India, says Canon CEO
Japanese imaging and optical products major Canon believes that it has a good opportunity in India for its semiconductor lithography equipment required for chip fabrication, and it is in negotiations with companies setting up facilities here, said its India President and CEO Toshiaki Nomura.
LEATHER EXPORTS LIKELY TO GROW OVER 12% IN FY25: CLE
The country's leather and footwear exports are expected to grow by over 12% to $5.3 billion in the current financial year on account of healthy demand in key global markets, CLE chairman Rajendra Kumar Jalan has said.
