Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India approves $65M capital infusion into IFCI to aid restructuring and boost government stake.

flag 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. flag 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. flag IFCI, established in 1948, recently posted significant losses.

3 Articles