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India's oldest DFI is sick. A new prescription is on way

Financial services secretary Vivek Joshi, however, said that while the government is weighing a few options to rescue IFCI, any merger or reverse merger involving a subsidiary would be pursued by the new government after the general elections ....

Vivek Joshi , Services Ltd , Infrastructure Development Ltd , Stockholding Document Management Services Ltd , Securities Finance Ltd , Venture Capital Funds Ltd , Stock Holding Corporation Of India , Stock Holding Securities , Financial Services Ltd , Commodities Ltd , Credit Ltd , Stock Holding Corporation , Capital Funds Ltd , Development Ltd , Finance Ltd , Development Finance ,

ITA Airways: growing fast, but sub-scale; Lufthansa deal probed

ITA Airways, successor to Alitalia, saw a 50% YoY increase in passengers in 2023, but still lags behind Alitalia's 2019 figures. Lufthansa's potential investment in ITA is under EC investigation. ....

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