World Bank

General

19 July, 2019

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

12 April, 2019

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

09 April, 2019

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

08 April, 2019

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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Manufacturing

05 April, 2019

Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors

Electrical products maker Polycab India Ltd has attracted a number of marquee private equity firms and a sovereign wealth fund...

Finance

04 March, 2019

IFC proposes to invest in Signature Global's affordable housing project

International Finance Corporation (IFC) has proposed to finance an affordable housing project of North India-based developer Signature...

Consumer

28 February, 2019

TPG Growth-backed Dodla Dairy to get debt funding from IFC

International Finance Corporation, the private-sector investment arm of the World Bank, plans to make a debt investment of up...

Finance

16 January, 2019

Former PepsiCo CEO Indra Nooyi in the running to become World Bank chief

The White House is considering former PepsiCo Inc (PEP.O) Chief Executive Indra Nooyi, Treasury Department official David Malpass...

Finance

09 January, 2019

World Bank's Kim to join PE firm Global Infrastructure Partners

World Bank Group President Jim Yong Kim will join Global Infrastructure Partners (GIP), a private equity fund that invests in...

Consumer

24 December, 2018

IFC plans co-investment with Lighthouse in footwear maker Aqualite

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to co-invest with India-focused...

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