trending Market Intelligence /marketintelligence/en/news-insights/trending/u0V5KpHvHjUuYp9Wxd_pGw2 content esgSubNav
In This List

IFCI to divest stake in Hardicon


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

IFCI to divest stake in Hardicon

IFCI Ltd. said its board approved the divestment of its entire 45.50% stake in Hardicon Ltd.

The company owns 4,550 equity shares with a face value of 100 Indian rupees each in Hardicon.

Hardicon is a nonlisted associate company of IFCI.

As of Jan. 20, US$1 was equivalent to 68.06 Indian rupees.