Article: India : Govt may convert Rs 523cr debentures in IFCI.

Article: IFCI decides to up stake of state-run banks.
PTI - The Press Trust of India Ltd.;  December 1, 2007 ;     700+ words ... ... combined shareholding of government-owned entities in IFCI will be around 39 per cent ... shares. This combined government stake may come in the way ... package worked out by the government to bail out IFCI that had built up a high ...

Article: NEWS ANALYSIS: 3 - IFCI TO SELL 26 PER CENT STAKE TO ...
PTI - The Press Trust of India Ltd.;  August 3, 2007 ;     700+ words ... ... Earlier, the government intervention for IFCI includes a revival ... five years. The government prevailed over ... banks to help IFCI. The interest ... was borne by the government. The banks agreed ... and reschedule IFCI's liabilities ...

Article: IFCI gets three financial bids for strategic stake.
PTI - The Press Trust of India Ltd.;  December 14, 2007 ;     700+ words ... ... cent, taking the total holding of government-controlled firms to over 38 per cent. Once a formidable institution, IFCI's financial position is in a vulnerable ... optionally convertible bonds issue. The government was also issued Rs 923-crore such ...

Article: Pricing not an issue for IFCI stake-sale: FinMin.
PTI - The Press Trust of India Ltd.;  December 18, 2007 ;     700+ words ... ... out of the race. Government does not hold any direct equity in IFCI, but public sector ... 923 crore issued by IFCI. In this fiscal's budget, the government also committed Rs 1 ... financial assistance to IFCI as and when the need ...

Article: IFCI cancels stake sale process.
PTI - The Press Trust of India Ltd.;  December 19, 2007 ;     700+ words ...IFCI cancels stake sale process New ... at Rs 110 a share. Earlier, IFCI has agreed to fix Rs 107 per ... formidable financial institution, IFCI's financial position became ... convertible debentures. The Government also gave budgetary support ...

Article: IFCI receives 10 EoIs for 26 pc stake sale.
PTI - The Press Trust of India Ltd.;  September 15, 2007 ;     700+ words ...IFCI receives 10 EoIs for 26 pc stake sale New ... interest in picking up a 26 per cent stake in IFCI, the expressions of interest for which were ... fund manager Blackstone and Newbridge, an IFCI official said. The interested parties also ...

Article: DIGEST: 3 - IFCI ATTEMPT TO INDUCT A PARTNER MEETS DEAD ...
PTI - The Press Trust of India Ltd.;  January 17, 2008 ;     700+ words ... ... four undertook due diligence of IFCI. Interestingly, all who carried ... share. However, shares of IFCI kept the northward and touched ... analyst said. Besides, the government has made a budgetary provision ... initiative earlier, two efforts of IFCI to merge with PNB and IDBI ever ...