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The Centre has launched a Rs 2,000 crore subsidy programme under PM E-DRIVE to expand EV charging networks, offering up to 100 per cent support for government premises and significant subsidies for other public locations. BHEL will implement the project with IFCI as project manager.

PM E-DRIVE: Rs 2,000 crore subsidy scheme for EV chargers rolled out by Centre - all you need to know

Ola Electric Mobility on Tuesday said its wholly-owned subsidiary has received a letter from IFCI for missing out on targets specified under the Production Linked Incentive Advanced Chemistry Cell scheme (PLI ACC).

Ola Electric receives letter from IFCI for missing out on PLI milestones 

Besides, capitalising on emerging EV and electronic value chain through localisation today, India can look to tap into additional USD 15-20 billion exports in components like battery management systems, telematics units, instrument clusters, and ABS, it stated.

Auto component industry targets $100 billion from exports in next 7-8 years: Boston Consulting Group

The government has decided to infuse Rs 500 crore capital in state-owned IFCI to improve its financial health ahead of the company's proposed restructuring and consolidation into a group.

Government to infuse Rs 500 crore in IFCI to improve its financial health

IFCI gets Rs 500 crore capital infusion from govt

IFCI, a government-owned Non Banking Financial Company aims to generate Rs 2,000 crore via stake sales in National Stock Exchange (NSE) and Clearing Corporation of India (CCI), depending on the market conditions.&nbsp;

IFCI to generate Rs 2,000 crore from stake sales in NSE, CCI

As many as seven cases were resolved through the National Company Law Tribunal (NCLT) and payment has been received in Bhushan Steel, Basai Steel &amp; Power Limited and Monnet Ispat cases, he said.

Industrial Finance Corporation of India expects resolution of NPA cases worth Rs 8,000 cr during this fiscal

The money will help IFCI&nbsp;turn around its operations

IFCI sells 0.2% share in NSE 

"We intend to achieve targeted figure as we have identified 2-3 asset sales during the balance period of this fiscal," IFCI Deputy Managing Director Sanjeev Kaushik told PTI.

IFCI sets NPA recovery target of Rs 600 cr for Q4 FY17

&nbsp;IFCI, holds around 3% of stake in NSE.

IFCI surge 14% as NSE files draft papers with Sebi for IPO

ifci

The Centre has launched a Rs 2,000 crore subsidy programme under PM E-DRIVE to expand EV charging networks, offering up to 100 per cent support for government premises and significant subsidies for other public locations. BHEL will implement the project with IFCI as project manager.

Ola Electric Mobility on Tuesday said its wholly-owned subsidiary has received a letter from IFCI for missing out on targets specified under the Production Linked Incentive Advanced Chemistry Cell scheme (PLI ACC).

Besides, capitalising on emerging EV and electronic value chain through localisation today, India can look to tap into additional USD 15-20 billion exports in components like battery management systems, telematics units, instrument clusters, and ABS, it stated.

The government has decided to infuse Rs 500 crore capital in state-owned IFCI to improve its financial health ahead of the company's proposed restructuring and consolidation into a group.

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IFCI News- Zee Business provides latest news on IFCI, IFCI news Today, Top News on IFCI, update on IFCI Stay updated with business news, breaking news headlines.

IFCI

PM E-DRIVE: Rs 2,000 crore subsidy scheme for EV chargers rolled out by Centre - all you need to know

Ola Electric receives letter from IFCI for missing out on PLI milestones

Auto component industry targets $100 billion from exports in next 7-8 years: Boston Consulting Group

Government to infuse Rs 500 crore in IFCI to improve its financial health

IFCI gets Rs 500 crore capital infusion from govt

IFCI to generate Rs 2,000 crore from stake sales in NSE, CCI

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