Irfc

Govt targets to raise Rs 1,500 cr by September from initial public offerings of IRCTC, IRFC

The government is targeting to raise about Rs 1,500 crore from initial public offerings (IPOs) of two railway companies -- IRCTC and IRFC -- by September, an official said

IRFC, IRCON may hit capital market by September; to raise Rs 1,500 cr

While IRCON has already approached Sebi with its IPO papers, IRFC would soon file the draft prospectus with the market regulator to seek its nod for initial share sale and subsequent listing

Budget 2018: Railways aim to fund expenditure through asset monetisation, says Piyush Goyal

Aiming to fund rail expenditure through asset monetisation, Railway Minister Piyush Goyal said he would be "satisfied" with any amount of capital allocation to the transport behemoth in the upcoming budget

LIC's Rs 1.5 lakh cr for railways okayed: Good news but more reforms is solution for current railways mess

A significant step-up in investments is the need of the hour for the railways. And LIC's funding may help it do just that

IPO bonanza: As reforms momentum continue, investors will be spoilt for choice in second half of 2017

With positive macroeconomic factors, continuing regulatory and tax reforms and a robust investor and business sentiment, 2017 promises to be a healthy IPO year

Railway Budget 2016: Prabhu should open the door to private investors to get Railways back on track

While Prabhu has boldly stated that the operating ratio at the end of 2016-17 shall be 92%, everyone agrees that it is impossible

Masala bonds funding opportunity for NBFC, govt issuer, says Moody's

In September, Reserve Bank had allowed non-banking finance companies and other corporates to issue masala bonds within the broad external commercial borrowing framework to deepen capital markets and provide these issuers with a way to raise funds abroad without incurring currency risk.

NTPC tax-free bonds oversubscribed 7.25 times

The company further said that it targeted raising Rs 300 through the bonds but the bids were received for Rs 2,175 crore for placing the bonds on private placement route.

Cash-strapped Railways gets a lifeline: LIC offers to invest Rs 1.5 lakh cr over 5 years

The investment would be done in bonds issued by various railway entities such Indian Railways Finance Corporation (IRFC), beginning next fiscal.

Railways to mobilise Rs 17,655 cr from borrowing in 2015-16

The market borrowing as per the revised estimate by these two companies during the current fiscal was pegged at Rs 12,045 crore from markets, according to the Railway Budget for 2015-16, which was tabled by Railway Minister Suresh Prabhu in Parliament today.