World Bank
General
Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions
Stressed home financier Altico Capital received a proposal for infusion of Rs 1,000 crore ($139.3 million at current exchange...
General
India jumps 14 places on World Bank's ease of doing business list
Faster bankruptcy resolution and issuance of construction permits helped India jump 14 places in the World Bank’s annual...
Finance
How IFC bumped up India exposure as shadow banking crisis worsened
International Finance Corporation (IFC) increased its annual commitment to India almost four times for the year through June 2019,...
Economy
World Bank slashes India's growth forecast to 6% for this fiscal year
The World Bank on Sunday slashed its growth forecast for India’s current fiscal year to 6%, down from 7.5%, warning ......
Finance
AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections
The Beijing-backed Asian Infrastructure Investment Bank has dropped plans to finance a new capital for Andhra Pradesh, after the...
Finance
Government seeks to tap foreign lenders for loans to small firms
India’s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of ......
General
Grapevine: ShopClues swings axe on 50% staff; IFC, others mull Azure Power stake sale
Gurugram-based online retailer ShopClues has let go about 50% of its workforce, downsizing from about 400 to around 200 employees,...
Finance
IFC plans to arrange $103 mn loan for Visakha Container Terminal
International Finance Corporation (IFC), the World Bank's private-sector investment arm, plans to arrange a loan worth $103 million (Rs 710.7 ......
Manufacturing
IFC-backed Polycab India gets strong response in IPO, subscribed 51 times
Electrical goods manufacturer Polycab India Ltd received a thumping response to its maiden public offer with high demand amid...
Manufacturing
IFC-backed Polycab India's IPO covered 1.93 times on second day
Electrical goods manufacturer Polycab India Ltd’s initial public offering (IPO) continued to attract demand on the second...
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