IRCTC, IRFC Gain Navratna Status: How Does It Benefit Both Companies?
The new Navratna status will give these companies (IRCTC, IRFC) more autonomy in taking financial decisions.
Mar 04, 2025, 08:20 AM IST
Centre Grants 'Navratna' Status To IRCTC, IRFC, Enhancing More Operational Freedom
Similarly, IRFC is a Ministry of Railways CPSE with an annual turnover of Rs 26,644 crore, profit after tax of Rs 6,412 crore, and net worth of Rs 49,178 crore for the financial year 2023-24.
Mar 03, 2025, 18:25 PM IST
Railways disinvestment: RITES may be the first one to get listed during the current fiscal
Government wants to raise at least Rs 500 crore from the listing of RITES alone.
Jan 03, 2018, 15:03 PM IST
IRFC to issue Rs 6000 cr tax-free bonds
Indian Railway Finance Corporation (IRFC) would raise Rs 6,000 crore through tax-free bonds in the current fiscal, Lok Sabha was told Monday.
Aug 10, 2015, 19:03 PM IST
Indian Railways first in line to raise rupee bonds offshore
Indian Railways Finance Corp, the finance arm of Asia`s largest rail network, plans to raise up to USD 1 billion through offshore rupee bonds, making it the first domestic issuer to eye so-called "masala" debt to diversify its source of funds.
Apr 22, 2015, 16:31 PM IST
IRFC net profit up 19.54% to Rs 421.73 cr in H1 FY15
Indian Railway Finance Corporation Ltd (IRFC) on Wednesday posted a 19.54 percent rise in its net profit at Rs 421.73 crore for the six-month period ended September 30, 2014.
Dec 10, 2014, 11:48 AM IST