The Center has granted prestigious ‘Maharatna’ status to the state-owned Power Finance Corporation Ltd (PFC). This should give PFC greater operational and financial autonomy. An order conferring “Maharatna” status on PFC was issued on Tuesday by the Public Enterprises Department of the Ministry of Finance. PFC has become the 11th public sector company to achieve […]
Finance corporation
Willis Lease Finance Corporation acquires Regional
COCONUT CREEK, Fla., Oct. 08, 2021 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis”), a leading commercial jet engine lessor, today announced its investment in its regional aviation business with the purchase of four ATR 72-500 aircraft from Investec Bank plc. “After a thorough review of the market, we saw this as the […]
Volumes jump at the counter of the Housing Development Finance Corporation Ltd
Housing Development Finance Corporation Ltd recorded a volume of 16.25 lakh shares at 10:50 a.m. IST on BSE, a 25.53-fold increase on a two-week average daily volume of 63,643 shares Torrent Pharmaceuticals Ltd, Infosys Ltd, Nestle India Ltd, Adani Green Energy Ltd are among the other stocks to see increased volumes on BSE […]
US Development Finance Corporation invests $10 million in Nithio FI to expand clean energy financing in Africa
US Development Finance Corporation invests $10 million in Nithio FI to expand clean energy financing in Africa Tweet that “Nithio has created an innovative, data-driven solution that fills a large gap in the market to sustainably scale capital flows to the clean energy sector. By normalizing credit risk, Nithio’s investments will have an outsized impact […]
Power Finance Corporation issues India’s first-ever euro green bond
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Africa Finance Corporation to launch fund for climate resilience investments
September 15 (Renewables Now) – Africa Finance Corporation (AFC) on Tuesday announced plans for a fund that will seek to raise $500 million (€423 million) over the next 12 months and $2 billion over the next next three years to help make Africa less vulnerable to climate change. The Infrastructure Climate Resilient Fund (ICRF) is […]
The World Bank’s International Finance Corporation invests in A91 Partners’ second fund
The International Finance Corporation (IFC), the private sector investment arm of the World Bank, has proposed an investment in the second fund of A91 Partners, a venture capital firm launched by former Sequoia Capital executives. ADVERTISING “IFC is proposing an equity investment of up to $25 million (Rs 184 crore), not exceeding 20% of total […]
Marcus Shaw named CEO of ALT Finance Corporation
Today, Shaw will launch the application for the AltFinance Fellowship Program at Atlanta Clark University, Howard University, Morehouse College and Spelman College. The program was developed in conjunction with the four HBCUs, Management Leadership for Tomorrow (MLT), a national nonprofit organization working to transform our country’s leadership pipelines and close the racial wealth gap, and […]