The government is selling a stake in Indian Railway Finance Corporation. Analysts suggest caution for investors. The offer for sale aims to meet public shareholding norms. The floor price offers limited discount. IRFC has seen loan growth supported by railway capital expenditure. Future gains may depend on market sentiment.Read More
Fairfax-backed IIFL Finance is planning to raise $500-750 million in external commercial borrowings and dollar bonds this March. This move aims to diversify its funding sources and support business growth, with discussions underway with existing investors and banks from Singapore and Taiwan. The fundraising will utilize dollar-denominated loans and foreign currency social bonds.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.