News for 'Infrastructure Development Finance Company'

Infosys opens development centre in Gift City with 1,000-employee capacity

Infosys opens development centre in Gift City with 1,000-employee capacity

Rediff.com8 Jun 2025

Infosys has opened a new development centre at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to develop solutions for global Banking, Financial Services, and Insurance (BFSI) clients.

Where Hiring Will Take Place In 2026

Where Hiring Will Take Place In 2026

Rediff.com19 Jan 2026

'Headcount expansion is more likely in revenue-linked and product-critical teams than in broad based hiring.'

Private Talent At PSU Banks Is Welcome, But...

Private Talent At PSU Banks Is Welcome, But...

Rediff.com22 Oct 2025

Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.

Public NBFCs eye Rs 24K cr via bonds

Public NBFCs eye Rs 24K cr via bonds

Rediff.com22 Nov 2025

Ahead of the Reserve Bank of India's (RBI's) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) - the National Bank for Agriculture and Rural Development (Nabard), Small Industries Development Bank of India (Sidbi), Power Finance Corporation (PFC), and Indian Railway Finance Corporation (IRFC) - plan to raise up to Rs 24,000 crore together through bond issuancesk.

How will India's auto industry perform in 2026?

How will India's auto industry perform in 2026?

Rediff.com21 Dec 2025

After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.

India's Hottest Jobs In 2026

India's Hottest Jobs In 2026

Rediff.com26 Nov 2025

Across all sectors, the future of work depends on adaptability.

Google plans $15 bn AI hub in Visakhapatnam

Google plans $15 bn AI hub in Visakhapatnam

Rediff.com14 Oct 2025

Google plans to invest $15 billion over the next five years in setting an artificial intelligence hub in Visakhapatnam, a senior official of the company said on Tuesday.

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

No infra bond issuances in FY26

No infra bond issuances in FY26

Rediff.com26 Jul 2025

Infrastructure bonds, which were relied upon the most in 2024-25 (FY25) by commercial banks to raise funds through the domestic debt capital market amid lagging deposit growth, seem to have lost their sheen in FY26. So far in FY26, no bank has tapped the domestic debt capital market to raise funds via infra bonds, and the expectation is that the amount raised through this route will be significantly lower than that last year, unless credit demand picks up.

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Rediff.com3 Oct 2025

The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta, an accused in the death of Assam's cultural icon Zubeen Garg.

Fresh Air Becomes Real Estate Must-Have

Fresh Air Becomes Real Estate Must-Have

Rediff.com1 Nov 2025

Interest in green living is rising, with clean air and open spaces becoming key selling points for residential projects, particularly as Indian cities struggle with deteriorating air quality.

Gopichand Hinduja dies in London at 85

Gopichand Hinduja dies in London at 85

Rediff.com4 Nov 2025

Gopichand P Hinduja, chairman of globe-spanning Hinduja Group, died in London at the age of 85, sources close to his family said. Fondly known as 'GP' in business circles, Gopichand P. Hinduja was unwell for past few weeks and died in a London hospital, they said.

India To Develop 50 Tourism Sites

India To Develop 50 Tourism Sites

Rediff.com3 Feb 2025

In a continued push to spiritual tourism, there will be a focus on destinations related to the life and times of Lord Buddha.

Will AI Mania Provoke Market Meltdown?

Will AI Mania Provoke Market Meltdown?

Rediff.com10 Nov 2025

'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

HDFC's exit to ease fund-raising conditions for high-rated finance firms

HDFC's exit to ease fund-raising conditions for high-rated finance firms

Rediff.com27 Mar 2023

Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank in early FY24. Post merger, the bond market is expected to become less crowded, which will ease fund raising conditions for other players in the field. It may perhaps also compress the spread for debt instruments floated by housing finance companies (HFCs) over 10-year government bonds, subject to demand and supply conditions.

'IIFCL book can grow to Rs 4 trn by FY28'

'IIFCL book can grow to Rs 4 trn by FY28'

Rediff.com4 Jun 2025

'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'

How To Choose MFs Smartly

How To Choose MFs Smartly

Rediff.com3 Dec 2025

Investors who constantly hop between 'top-performing' funds often end up earning far lower returns than the very funds they invest in -- simply because they enter late and exit early. Best investors don't chase returns, they chase discipline, says Ramalingam Kalirajan.

SC Verdict Instills Hope For Real Estate Reforms

SC Verdict Instills Hope For Real Estate Reforms

Rediff.com24 Sep 2025

'The directives to enhance last-mile funding, consider revival funds, and systemic reforms across the sector are expected to revive stalled projects, improve accountability, and accelerate the delivery of affordable and mid-income housing.'

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

Pak turns to ADB for $7 bn railway funding after China backs out

Pak turns to ADB for $7 bn railway funding after China backs out

Rediff.com29 Aug 2025

Pakistan has approached the Asian Development Bank (ADB) for a USD 7 billion loan to upgrade a major railway line after China apparently declined to support the project. The development of Mainline-I (ML-I) railways between Peshawar and Karachi is stuck due to a lack of funds.

Tata Motors Q1 net profit down 62.2% to Rs 4,003 cr

Tata Motors Q1 net profit down 62.2% to Rs 4,003 cr

Rediff.com8 Aug 2025

Tata Motors on Friday reported a 62.2 per cent decline in consolidated net profit to Rs 4,003 crore in the June quarter, impacted by volume decline across segments, drop in JLR profits due to US tariffs and high base effect due to gain from sale of discontinued operations. The auto major had posted a consolidated net profit of Rs 10,587 crore in the April-June quarter of the previous fiscal, Tata Motors Ltd (TML) said in a regulatory filing.

IDFC CEO sells shares for Rs 6.30 crore

IDFC CEO sells shares for Rs 6.30 crore

Rediff.com7 Jul 2009

Infrastructure Development Finance Company Ltd managing director and chief executive officer Rajiv B Lall has sold 4.50 lakh (450,000) shares of the company for over Rs 6.3 crore (Rs 63 million) in an open market transaction.

Sitharaman urges India Inc to invest more and expand capacities

Sitharaman urges India Inc to invest more and expand capacities

Rediff.com18 Sep 2025

Finance Minister Nirmala Sitharaman on Thursday asked India Inc to take advantage of the policies and reforms undertaken by the government and no longer hesitate to invest more and expand capacities. Sitharaman also asked the industry to partner with the government for skilling the youth and also to engage with the government throughout the year, and not just before the Budget.

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Rediff.com20 Sep 2025

Speaking at the 'Samudra se Samruddhi' event, where he inaugurated and laid foundation stones of projects worth Rs 34,200 crore, Modi said all the problems of India have only one solution, and that is self-reliance.

Khelo Bharat Niti aims at reshaping sporting landscape

Khelo Bharat Niti aims at reshaping sporting landscape

Rediff.com1 Jul 2025

Cabinet approves Khelo Bharat Niti, says it will bring India into top-5 of world sports

Infrastructure companies line up tax-free bond issuances

Infrastructure companies line up tax-free bond issuances

Rediff.com4 Oct 2011

After getting the approval of raising up to Rs 30,000 crore (Rs 300 billion) through issuance of tax-free bonds this financial year, infrastructure finance companies, Housing and Urban Development Corporation (HUDCO) and Power Finance Corporation (PFC), have thrown open their subscriptions under the private placement route.

Sharif thanks Trump for 'historic' trade deal with Pak

Sharif thanks Trump for 'historic' trade deal with Pak

Rediff.com31 Jul 2025

Pakistan's Prime Minister Shehbaz Sharif on Thursday thanked United States President Donald Trump for the 'historic' trade agreement reached between Islamabad and Washington, and expressed hope that it would expand cooperation between the two nations.

American Tech Caught in Trade Crossfire

American Tech Caught in Trade Crossfire

Rediff.com3 Sep 2025

'Amazon, Meta, Google, Microsoft have large operations in India and rely on smooth trade and data flows.' 'Restrictions could raise their costs, limit AI chip exports, and complicate their India strategies.'

LIC picks up Adani Ports' entire Rs 5K cr issue

LIC picks up Adani Ports' entire Rs 5K cr issue

Rediff.com30 May 2025

State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent, said sources privy to the development.

Microsoft flags the risk AI development faces

Microsoft flags the risk AI development faces

Rediff.com10 Mar 2025

The underrepresentation of women in the field of artificial intelligence (AI) poses a significant risk of perpetuating the prevailing societal biases into future technologies, according to a top Microsoft executive. Himani Agrawal, chief partner officer, Microsoft India and South Asia, believes that inclusion is a shared responsibility and if AI continues to be shaped without diverse perspectives, the biases of today risk becoming hardwired into the technology of tomorrow.

Blackstone, Citi in $5 bn core fund

Blackstone, Citi in $5 bn core fund

Rediff.com16 Feb 2007

State-owned India Infrastructure Finance Company Ltd has tied up with Infrastructure Development Finance Company, and global equity investors Citigroup Inc and Blackstone Group to launch a $5 billion infrastructure fund.

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

'Maritime Development Fund to generate Rs 1.5 trillion investment by 2030'

Rediff.com17 Feb 2025

'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'

Sitharaman has a message for the fintechs

Sitharaman has a message for the fintechs

Rediff.com19 Jun 2025

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.

Private equity bets on core sector projects

Private equity bets on core sector projects

Rediff.com22 May 2007

India's infrastructure sectors, for long shunned by investors due to long gestation periods and hazy policies, have finally become attractive.

BIGGEST Real Estate Myth BUSTED!

BIGGEST Real Estate Myth BUSTED!

Rediff.com18 Sep 2025

Do home prices really never fall? Ramalingam Kalirajan begs to differ.

Tim Cook Drops AI Truth Bomb: Adapt Or...

Tim Cook Drops AI Truth Bomb: Adapt Or...

Rediff.com20 Aug 2025

As the Apple CEO put it to his staff, the choice is stark: Adopt AI or risk being left behind. The same applies to everyone preparing for the future of work.