M&M Shares Open Flat After Buying Aerospace Subsidiary
Shares of Mahindra & Mahindra (M&M) opened flat on March 27 after the company increased its stake in its subsidiary Mahindra Aerospace Private Limited (MAPL)...
Tag : International Finance Corporation (IFC)
IFC to invest Rs. 240 crore to acquire a 5.6% stake in JK Tyre
Indian tyre manufacturer JK Tyre & Industries has secured Rs 240 crore ($30 million) investment from the International Finance Corporation (IFC) in exchange for a...
IFC to Invest Rs 600 Crore in M&M’s New Last-Mile EV Company
Global development agency International Finance Corporation (IFC) announced on Wednesday that it would invest Rs 600 crore in a new last mile mobility (LMM) company,...
Vayana Network Raises $15 Million From PayU & IFC Invest
Vayana Network raises funding from two global fintech solution providers, PayU Fintech Investments and International Finance Corporation (IFC). Vayana Network is allotting 13,63,592 fully-paid up...
IFC to Strengthen Annual Allocation for India to $3 Billion
The International Finance Corporation (IFC) to boost its annual allocation for India to $3 billion, its regional vice president for Asia and Pacific, Alfonso Garcia...
World Bank President Hails India on Covid-19 Vaccination Drive
On Sunday, World Bank Group president David Malpass congratulated Union FM Nirmala Sitharaman on India’s successful Covid-19 vaccination campaign. The World Bank president thanked FM...
IFC, IFC Asia Fund to Invest $76 Mn in Puravankara’s Projects
International Finance Corporation (IFC) and IFC Emerging Asia Fund (EAF) will invest $76 million in four residential projects of real estate firm Puravankara Group, to be...
Onsitego Raises Capital From IFC, Extends Series B Round to $30 Million
Onsitego has raised capital from International Finance Corporation (IFC) in an extension to its Series B investment round which closes at $30 million. In February, the first...