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IL&FS, IFCI seek board representation

Ahead of the Company Law Board hearing on supersession of Maytas Infra board, financial institutions, IL&FS and IFCI, which between them hold a 51 per cent stake in the company,demanded on......

IFCI recovers Maytas dues, ICICI Bank takes Rs 95-

The Rajus-promoted Maytas Infra has started taking a toll on the banking system with non-banking finance company IFCI Ltd revoking a guarantee provided by ICICI Bank, to recover its dues.In the......

Lenders now want Rajus out of Maytas Infra

IL&FS, which, along with IFCI and Sicom, had extended loans to the Raju family against shares of Maytas Infra, has asked the government to supersede the board of the Hyderabad-based......

IFCI sells Unitech's pledged shares

IFCI, a state-run financial institution, today sold Rs 51.7 crore worth shares of Unitech, the nation's second-biggest property developer, as the promoters of the company failed to repay loans......

Chidambaram to meet bank chiefs on Nov 4

Union Finance Minister P Chidambaram will meet the heads of public sectors banks and financial institutions, like IFCI and Small Industries Development Bank of India (Sidbi) on Tuesday to review......
  Web results for Ifci
Finance Ministry may push for IFCI, IIFCL merger

The proposal is under the active consideration of the ministry so that the huge deficit, which infrastructure space has, can be bridged, a senior... ...

http://www.moneycontrol.com/news/business/finance-ministry-may-push-for-ifci-iifcl-merger_9077181.html
AgustaWestland case accused faces new CBI FIR in bank fraud

Lawyer Gautam Khaitan, an accused in AgustaWestland case, and five others have been booked by the CBI in a new Rs 28.73 crore bank loan default... ...

http://www.business-standard.com/article/pti-stories/agustawestland-case-accused-faces-new-cbi-fir-in-bank-fraud-117060200612_1.html
BHEL plunges sharply on disappointing results

Shares of state-run power equipment maker BHEL are down sharply on Tuesday, with investors pressing sales at the counter after the company reported... ...

http://www.sify.com/finance/bhel-plunges-sharply-on-disappointing-results-news-sensex-rf4m5Fbgedhbi.html
Financial schemes take a big leap

[India] May 24 (ANI): As the Narendra Modi led National Democratic Alliance (NDA)government is about to complete three-years in office, various... ...

http://www.sify.com/news/three-years-of-modi-financial-schemes-take-a-big-leap-news-national-rfywK4dibfdcc.html
IFCI Q4 loss widens to Rs 318 cr

Company had posted a loss of Rs 101 crore in corresponding January-March period ...

http://www.business-standard.com/article/companies/ifci-q4-loss-widens-to-rs-318-cr-117052301589_1.html

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