The Indian Railway Finance Corporation (IRFC) has announced a fundraising initiative, aiming to secure up to Rs.50,000 crore from both domestic and international markets. This plan, approved by the IRFC board, involves the issuance of bonds or procuring bank loans in FY25 for this fundraiser. IRFC’s Fundraising Mix The IRFC plans to raise funds through …

IRFC Shares Reach A New 52-Week High As The Dividend Record Date Approaches
11 September 2023The Indian benchmark indices kicked off the week on an optimistic note, with the belief that achieving new 52-week highs should be well within reach, given the robust uptrend in place. The BSE Sensex surged 0.53% to reach the 66,950 mark, while the Nifty 50 index posted a 0.61% gain, reaching a level of 19,940. …