Latest News on International Finance Corporation
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International Finance Corporation - Total results - 10
Oct 04, 2018
International Finance Corporation moves insolvency plea against infrastructure firm Punj Lloyd at NCLTIFC is seeking recovery of $30 million defaulted by Punj Lloyd.
May 22, 2018
US Supreme Court to hear Gujarat villagers' appeal against power plant funded by Washington-based IFCThe 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.
Apr 16, 2018
Air India privatisation: 18,000 employees cannot hold nation to ransom; sale to set tone for other PSU divestment plansIf 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.
Sep 06, 2017
International Finance Corp invests $10 mn in Power2SME, to advise startup on expansionSince 1956, IFC has invested in over 400 companies in India, providing $17 billion in financing to the private sector.
Jul 18, 2017
International Finance Corporation to invest $1 bn in India for green buildingsIFC, a member of World Bank, has planned an investment of around $5-6 billion for the next five years in India
Aug 23, 2015
Bandhan Bank is born: Chandra Shekhar Ghosh's incredible journey from a sweet shop to owning a bankBandhan Bank, India's latest private lender, will be officially launched in Kolkata on 23 August.
Jul 21, 2015
World Bank to probe IFC's role in Vizhinjam port on green concernsThe "compliance investigation" would be to ascertain whether IFC breached environmental and social (E&S) assessment related norms while giving advisory services for the project.
Aug 21, 2014
IFC to raise $2.5 bn through rupee bonds: How it will boost Indian infra sectorIFC 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
Jul 23, 2014
World Bank Group commits $18 bn loan to India in three yearsIndia 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.
Jul 27, 2012
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.