IDFC IPO scam trial begins

The trial in the 2005 Infrastructure Development Finance CompanyIPO scam involving over Rs 80 crore (Rs 800 million), has begun in the sessions court.The sessions court last week began the trial by......

IDFC pegs IPO price band at Rs 29-34

Infrastructure Development Finance Company on Monday announced a price band of Rs 29 to Rs 34 a share for its initial public offering of 40.36 crore (403.6 million) equity shares of Rs 10 each. The......

IDFC plans IPO by June

Infrastructure Development Finance Company is planning to hit the capital markets by June end to fund its capital requirements.It will shortly launch a second infrastructure development fund with a......

Jet to pare debt via IPO

The Naresh Chandra-controlled Jet Airways, which recently announced its $550 million (around Rs 2,250 crore) initial public offering, has decided to prune its high-cost debt by Rs 792 crore (Rs......