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Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [3] engaged in raising financial resources for expansion and running through capital markets and other borrowings. [ 4 ] [ 5 ] The Government of India owns a majority stake in the company, while the Ministry of Railways has administrative control.
The NIFTY Next 50 is a stock market index provided and maintained by NSE Indices.It represents the next rung of liquid securities after the NIFTY 50.It consists of 50 companies representing approximately 10% of the traded value of all stocks on the National Stock Exchange of India.
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The company offered a 12% stake at a price range of ₹ 17-₹ 19 per share. [5] [6] The IPO was subscribed 1.78 times by close on 3 April earning ₹ 481 crore (US$56 million). [7] RVNL was listed on the Bombay Stock Exchange and the National Stock Exchange on 19 April 2019. [8]
IRFC may refer to: Indian Railway Finance Corporation, an Indian railway financing company; Islamabad Rugby Football Club, a rugby football club from Islamabad, Pakistan
RITES Ltd, formerly known as Rail India Technical and Economic Service Limited, is an Indian public sector undertaking and engineering consultancy corporation, specializing in the field of transport infrastructure.
In August 2005, the company's equity shares were listed on the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) after an initial public offering (IPO). [6] Government of India cut down its ownership from 100% to 34.91% through the IPO, despite that it still retains majority ownership. [7]
RailTel Corporation of India Ltd. is an Indian Navaratna Public Sector Undertaking (PSU) which provides broadband and VPN services. RailTel was formed in September 2000 with the objective of creating a nationwide broadband, telecom and multimedia network, and to modernise train control operation and safety system of Indian Railways.