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india infrastructure finance company ltd

IIFCL plans $1 billion overseas loan, also eyes $400 million ADB funding to back infrastructure push

State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning to raise $1 billion from overseas investors in what could become its largest foreign-currency loan, while also holding talks with the Asian Development Bank (ADB) for a separate $400 million loan, a senior company executive told Reuters. State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning...
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6 financial changes from July 1: What changes for ITR, Aadhaar, passport fees and bank rules

Several financial changes will come into effect from July 1, 2026, impacting taxpayers, bank customers, credit card users, passport applicants and Aadhaar holders. From changes in credit card benefits and passport charges to new RBI rules against mis-selling. Several financial changes will come into effect from July 1, 2026, impacting taxpayers, bank customers, credit card...
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Asian stocks today: Markets stay cautious as Middle East tensions, Fed rate worries keep investors on edge

Japan’s Nikkei slipped 1% and South Korea’s Kospi fell nearly 2%, pulling MSCI’s broadest Asia-Pacific share index down 0.4%. Futures pointed to a firmer opening for Wall Street, with S&P 500 and Nasdaq futures rising 0.4%, while European futures gained 0.2%. Asian equities traded cautiously on Monday as lingering uncertainty over the Middle East ceasefire...
persistent bids to buy german company for 13 billion

Persistent bids to buy German company for $1.3 billion

Persistent bids to buy German company for $1.3 billion BENGALURU: In one of the largest cross-border acquisitions by an Indian IT services company, Persistent Systems has launched an all-cash bid to acquire Germany’s Nagarro for about $1.3 billion, reports Shilpa Phadnis. This transaction could create a $2.9-billion digital engineering and AI powerhouse with more than...
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