International Finance-corporation

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International Finance-corporation - Total results - 15
Exclusive: Chiratae Ventures on the verge of closing $275 million fund, ropes in IFC
News & Analysis

Exclusive: Chiratae Ventures on the verge of closing $275 million fund, ropes in IFC

Chiratae is the new avatar of IDG Ventures, which has carved out space for itself in early-stage investing in startups.

From improving yield to generating steady income, technology is changing the game for small farmers in UP and Jharkhand
Business

From improving yield to generating steady income, technology is changing the game for small farmers in UP and Jharkhand

In India, 80 percent of farmers are smallholders who farm on less than two hectares of land and the use of technology to increase the yield is beyond their means

Indian-origin diplomat Anita Bhatia appointed as Deputy Exec Director for UN-Women
science

Indian-origin diplomat Anita Bhatia appointed as Deputy Exec Director for UN-Women

Bhatia previously served as Director of Global Partnerships for the World Bank Group's private sector arm, the IFC.

Manappuram Finance gets Rs 695 crore funding from NABARD; funds to be used for lending to MSMEs
Business

Manappuram Finance gets Rs 695 crore funding from NABARD; funds to be used for lending to MSMEs

Manappuram Finance will deploy the funds for onward lending to micro, small and medium enterprises (MSME) and microfinance sector under priority sector lending

US Supreme Court to hear Gujarat villagers' appeal against power plant funded by Washington-based IFC
India

US Supreme Court to hear Gujarat villagers' appeal against power plant funded by Washington-based IFC

The US Supreme Court has agreed to take up an appeal by Indian villagers against a power plant in Gujarat, funded by US-based International Finance Corporation (IFC), which has allegedly resulted in environmental damages.

Air India privatisation: 18,000 employees cannot hold nation to ransom; sale to set tone for other PSU divestment plans
Business

Air India privatisation: 18,000 employees cannot hold nation to ransom; sale to set tone for other PSU divestment plans

If the 18,049 Air India employees are allowed to hold the country to ransom, then so will the employees of other loss-making government-owned firms.

International Finance Corp invests $10 mn in Power2SME, to advise startup on expansion
Business

International Finance Corp invests $10 mn in Power2SME, to advise startup on expansion

Since 1956, IFC has invested in over 400 companies in India, providing $17 billion in financing to the private sector.

International Finance Corporation to invest $1 bn in India for green buildings
Business

International Finance Corporation to invest $1 bn in India for green buildings

IFC, a member of World Bank, has planned an investment of around $5-6 billion for the next five years in India

Bandhan Bank is born: Chandra Shekhar Ghosh's incredible journey from a sweet shop to owning a bank
Business

Bandhan Bank is born: Chandra Shekhar Ghosh's incredible journey from a sweet shop to owning a bank

Bandhan Bank, India's latest private lender, will be officially launched in Kolkata on 23 August.

World Bank to probe IFC's role in Vizhinjam port on green concerns
Business

World Bank to probe IFC's role in Vizhinjam port on green concerns

The "compliance investigation" would be to ascertain whether IFC breached environmental and social (E&S) assessment related norms while giving advisory services for the project.

IFC to raise $2.5 bn through rupee bonds: How it will boost Indian infra sector
Money

IFC to raise $2.5 bn through rupee bonds: How it will boost Indian infra sector

IFC will use a combination of rupee-denominated bonds and swaps to raise local-currency financing of up to Rs 15,000 crore over the next five years

 World Bank Group commits $18 bn loan to India in three years
India

World Bank Group commits $18 bn loan to India in three years

India is the largest client for the World Bank Group. India received $5.2 billion loan last fiscal. In the past three years, India had received about $9.8 billion loan from the Workd Bank Group.

Educomp gets funds to pays off FCCBs; shares up 3%
Investing

Educomp gets funds to pays off FCCBs; shares up 3%

ducomp Solutions today said it has paid off its foreign currency convertible bonds worth $110.75 million, including a redemption premium of $32.25 million, after it received $155 million from four investors, including the promoter group.