Tag: Stake Sale

  • IRFC

    Indian Government’s Strategic Stake Sale in Indian Railway Finance Corp (IRFC)

    In a move to meet fiscal targets and adhere to regulatory norms, the Indian government contemplates a stake sale in Indian Railway Finance Corp (IRFC), a critical funding arm of the Indian Railways. This strategic divestment could see the government selling up to 11% of its stake in multiple phases. The potential impact on both the financial market and the railway sector has piqued interest, while IRFC's recent stock surge of 58% underscores investor confidence in the company's prospects. This impending stake sale showcases a calculated balance between economic strategy and regulatory compliance.