How Sonia got poorer by Rs 10 lakh

Amid the hustle bustle of Lok Sabha polls, Congress chief Sonia Gandhi has disclosed loss of tax-free bonds worth Rs 10 lakh purchased from the Indian Railway Finance Corp. Gandhi, who has listed......

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital is set to launch India’s largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. Illustration: Dominic......

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises,......

SBI eyes Rs 10K cr via infra bond

State Bank of India (SBI), India’s largest lender, is looking to raise Rs 10,000 crore through 15-year infrastructure bonds as early as next week, said multiple sources aware of the......

Moody's Baa3 rating for IRFC

Moody's Investors Service has assigned a Baa3 foreign currency rating to Indian Railway Finance Corporation Ltd.The rating reflects IRFC's successful niche franchise established through its role of......