Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
India approves $65M capital infusion into IFCI to aid restructuring and boost government stake.
The Indian government has approved a Rs 500 crore capital infusion into state-owned IFCI to improve its financial health and support upcoming restructuring efforts.
This move, approved in the Lok Sabha, aims to increase the government's stake in IFCI from 71.72% and help address the company's financial challenges through planned mergers with other group companies.
IFCI, established in 1948, recently posted significant losses.
3 Articles
India aprueba la inversión de capital de 65 millones de dólares en la IFCI para ayudar a la reestructuración y aumentar la participación del gobierno.