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JBM Auto Stock Rises Nearly 8% After IFC Funding Clears Road For Electric Bus Rollout Across 3 States

Shares of JBM Auto surged nearly 8% to ₹684.3 in early trade after its subsidiary received a $100 million investment to deploy electric buses in Maharashtra, Assam, and Gujarat. On Thursday, JBM Auto ...
inc42

IFC To Invest $25 Mn In Trifecta Capital’s Fourth Venture Debt Fund

World Bank’s private lending arm International Finance Corporation (IFC) will be investing $25 Mn (about INR 220 Cr) in venture debt firm Trifecta Capital’s INR 2000 Cr venture debt fund IV. The ...
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Tata Capital IPO: IFC acquired shares at just Rs 25! Rs 179 crore investment grows to Rs 2458 crore

Tata Capital IPO IFC Investment: The much-anticipated IPO of Tata Capital is likely to be launch in the first half of October. According to Tata Capital's DRHP (Draft Red Herring Prospectus) filed in ...
Bloomberg L.P.

IFC, ADB Said to Invest in Philippines’ Biggest IPO This Year

The International Finance Corp. and Asian Development Bank are set to become cornerstone investors in the initial public offering of the Philippines’ Maynilad Water Services Inc., according to a ...