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IFCI has also committed a contribution of Rs.50 crore as lead investor and Sponsor of the Fund. IFCI Venture Capital Funds Ltd., a subsidiary of IFCI Ltd., is the Investment Manager of the Fund. The Fund was operationalized during FY 2014-15 and IVCF is continuously making efforts for meeting the stated objective of the scheme.
With a net asset base of nearly US$25 billion, it is one of India's largest infrastructure development companies. GMR Group is famous for operating the Indira Gandhi International Airport in Palam, Delhi. As per the Forbes list of India’s 100 richest tycoons, dated October 9, 2024, Rao is ranked 78th with a net worth of $3.99 Billion. [2]
IL&FS has 256 group companies as of 2018, including subsidiaries, joint venture companies and associate entities. [16] Though on the surface, the company appears to have 23 direct subsidiaries, 141 indirect subsidiaries (including special purpose vehicles for different projects), 6 joint ventures and 4 associate companies, each of them is further subdivided into additional legal entities, with ...
Infrastructure Development Finance Company Limited, more commonly known as IDFC, was a development finance institution based in India under the Department of Financial Services, Government of India. [2] It provided finance and advisory services for infrastructure projects, as well as asset management and investment banking. [3]
National Investment and Infrastructure Fund Limited (NIIFL) is an Indian public sector company which maintains infrastructure investments funds for international and Indian investors anchored by the Government of India. The objective behind creating this organisation was to catalyse capital into the country and support its growth needs across ...
JKIDFC is a registered corporation under the Companies Act that is mandated to raise funds up to ₹ 8,000 crore (equivalent to ₹ 94 billion or US$1.1 billion in 2023), which are guaranteed by the state government, for funding infrastructure development in Jammu and Kashmir.
Security Printing and Minting Corporation of India Limited: 2006 Ministry of Finance D/o Economic Affairs: Manufacturing Consumer goods Miniratna Category - I 171 Shipping Corporation of India Limited: 1961 Ministry of Shipping: Mumbai, Maharashtra: Services Transport services Navratna 172 South Eastern Coalfields: 1985 Ministry of Coal ...
The deputy managing director of Industrial and Infrastructure Development Finance Company Limited Proshanta Kumar Halder was appointed the managing director of Reliance Finance in 2009. [ 11 ] [ 12 ] The Daily Star would later describe him as the Sultan of Swindle after he scammed 102 billion BDT from financial institutions.