World Bank
Economy
World Bank slashes India's growth forecast to 6% for this fiscal year
The World Bank on Sunday slashed its growth forecast for India’s current fiscal year to 6%, down from 7.5%, warning ......
Finance
AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections
The Beijing-backed Asian Infrastructure Investment Bank has dropped plans to finance a new capital for Andhra Pradesh, after the World ......
Finance
Government seeks to tap foreign lenders for loans to small firms
India’s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of ......
General
Grapevine: ShopClues swings axe on 50% staff; IFC, others mull Azure Power stake sale
Gurugram-based online retailer ShopClues has let go about 50% of its workforce, downsizing from about 400 to around 200 employees, ......
Finance
IFC plans to arrange $103 mn loan for Visakha Container Terminal
International Finance Corporation (IFC), the World Bank's private-sector investment arm, plans to arrange a loan worth $103 million (Rs 710.7 ......
Manufacturing
IFC-backed Polycab India gets strong response in IPO, subscribed 51 times
Electrical goods manufacturer Polycab India Ltd received a thumping response to its maiden public offer amid a volatile and uncertain ......
Manufacturing
IFC-backed Polycab India's IPO covered 1.93 times on second day
Electrical goods manufacturer Polycab India Ltd’s initial public offering (IPO) continued to attract demand on the second day on Monday, ......
Manufacturing
Polycab IPO gets strong demand on first day after PE firms, SWF come as anchor investors
Electrical products maker Polycab India Ltd’s initial public offering (IPO) saw strong demand on the first day on Friday, with ......
Finance
IFC proposes to invest in Signature Global's affordable housing project
International Finance Corporation (IFC) has proposed to finance an affordable housing project of North India-based developer Signature Global as the ......
Consumer
TPG Growth-backed Dodla Dairy to get debt funding from IFC
International Finance Corporation, the private-sector investment arm of the World Bank, plans to make a debt investment of up to ......
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