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Ifci Financial Services

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Sterlite-led consortium frontrunner for IFCI stake

A consortium of Anil Agarwal-led Sterlite Industries and global financial services major Morgan Stanley has emerged as the frontrunner in the race to acquire a strategic 26 per cent equity stake in......

Mid, smallcap indices stay afloat in choppy January

The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip.......

K V Kamath appointed chairperson of Rs 20,000-cr NaBFID

The government on Wednesday announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore development finance institution NaBFID to catalyse investment......

Nearly a quarter of listed stocks on the BSE trade below face value

Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies. Illustration:......

Indian companies apply for banking licences: The complete list

The Reserve Bank of India said on Monday it had received 26 applications for new bank licences, with Tata Sons Ltd, the holding company for India's largest conglomerate, among those seeking to set......

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