Malay Mukherjee

• IFCI to Raise Over Rs 790 Crore From NCD Issue

  The company had raised Rs 1,209.19 crore in October in the first round of the Rs 2,000 crore issue for the current financial year 2014-15. The NCDs are being offered in tenors of 5 years and 10 years. The issue will close on February 4.

• IFCI Plans to Sell Stakes in National Stock Exchange, 2 Others

  IFCI is planning to sell its stake in three companies including National Stock Exchange (NSE).

• IFCI's NCD Issue Opens for Subscription Till November 21

  The NCDs will be offered for three different tenures of 5 years, 7 years and 10 years with varying coupon rates ranging from 9.4 per cent to 9.10 per cent.

• Government to Buy IFCI Preferential Shares to Up Stake to 50%

  Currently, the Governments stake in IFCI going by the paid-up capital, including both the equity capital and preference shares, is around 48 per cent which will go above 50 per cent with this exercise, he said.

• IFCI Q1 Profit Up 71% to Rs 95 Crore; to Exit From IFCI Financial

  After announcing results IFCI Managing Director Malay Mukherjee said the company intends to disinvest its entire stake in IFCI Financial Services Ltd (I-FIN) during the current fiscal.

• IFCI seeks government nod for raising Rs 1,000 crore via tax-free bonds

  IFCI has sought permission from the Finance Ministry to raise Rs 1,000 crore during this fiscal year (FY15) through tax-free bonds as part of mobilising low-cost fund.

• IFCI Q4 profit up 14 per cent at Rs 170 crore

  IFCI on Tuesday reported a 13.57 per cent jump in profit at Rs 170 crore for the fourth quarter that ended in March, 2014, on account of lower cost of funds.

• IFCI appoints Malay Mukherjee as chief executive, MD

  IFCI Ltd has appointed Malay Mukherjee as its chief executive and managing director, the state-owned financial institution said in a statement on Thursday.