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Selected India Press Release
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08 Oct 2008 IFC Supports Oil and Gas Drilling Sector in Developing Countries 24 Sep 2008 IFC Helps Idea Cellular Limited Increase
Affordable Mobile Phone Services in India 12 Sep 2008 IFC to Assist Andhra Pradesh with Public Private Partnerships for Urban Infrastructure Development 18 Aug 2008 IFC Supports Nepal’s Buddha Air to Enhance Efficiencies, Tap Growth Opportunities 04 Aug 2008 IFC’s Investment in India’s Rockland Hospital Will Increase Access to Health Services 21 Jul 2008 India’s First Private Equity Fund Launched by Rabobank, IFC, FMO, and DEG to Boost Growth of Agribusiness Sector 21 Jul 2008 IFC and Partners Hold Workshop on Hydropower Project Financing in Nepal 07 Jul 2008 IFC Finances Clean, Energy Efficient Float Glass Production for HNG in India 13 May 2008
IFC Supports Public-private Partnerships in India, Improving Infrastructure for Growth in Maharashtra 23 Apr 2008 IFC Advises on India’s Vizag-Kakinada Coastal Roads, Improving Infrastructure for Growth in Andhra Pradesh 08 Apr 2008 IFC Invests in India’s Coastal Gujarat Power, Expanding Access to Electricity 17 Mar 2008 New IFC Delivery Guarantee to Boost Returns for Carbon Credits
in Sub-Saharan Africa, South Asia 10 Mar 2008 IFC, Bureau of Energy Efficiency, and Alliance to Save Energy
Promote Municipal Energy Efficiency Projects in India 22 Feb 2008 IFC Global Corporate Governance Forum Partners with SEBI and NISM to Promote Awareness of Governance Reform in India 08 Feb 2008 IFC and Cairn India Open Enterprise Center for Local Small Businesses Development in Rajasthan 30 Jan 2008 Standard & Poor’s ESG India Index Launched: IFC-backed Index Provides Avenue to Invest in Leaders in Environmental, Social, and Corporate Governance Issues 10 Jan 2008 IFC Supports Environmental Certification Program for Lead Acid Battery Manufacturing and Recycling in India 20 Dec 2007 IFC, FINO to Help Microfinance Institutions Reach Underserved Markets for Banking in Rural India 06 Dec 2007 IFC and the World Bank to Work with India for More Business-friendly Procedures 28 Nov 2007 IFC to Assist Andhra Pradesh with Public Private Partnerships for Infrastructure Development 20 Nov 2007 Paying Taxes 2008: Paying Taxes Is Getting Easier but More Reform Is Needed 13 Nov 2007 IFC and ICICI Bank Host Global Conference for Development of Small and Medium Enterprises in India 31 Oct 2007 IFC Support to India’s VenturEast Proactive Fund Will Help Early-Stage Businesses Become Leaders 29 Aug 2007 IFC Support to Owens Corning Will Help Strengthen Competitiveness and Establish Environment-Friendly Processes 27 Aug 2007 IFC Support to Gujarat State Petronet Limited to Improve Access to Cleaner Energy in India 13 Aug 2007 IFC Support to Petronet LNG to Improve Access to Cleaner Energy in India 30 Jul 2007 IFC Focuses on Infrastructure and Midsize Companies to Strengthen Competitiveness and Sustainability in India 26 Jul 2007 IFC, FMO, and Deutsche Bank Invest in Aavishkaar Goodwell to Support Growth of Microfinance in India 09 Jul 2007 IFC Expands Access to Health Services in India with Investment in Max Healthcare 02 Jul 2007 IFC Support to India’s West Coast Paper to Enhance Sector Competitiveness and Environmental Performance 19 Jun 2007 IFC and Cairn India Agree to Establish Innovative Community Development Programs in Rajasthan 14 Jun 2007 IFC Financing Supports Growth and Competitiveness of Indian Pharmaceutical Firm, Granules 29 May 2007 New Regional Director for IFC South Asia to Continue Strengthening Private Sector Growth 17 May 2007 IFC Support to Electrotherm Will Help Establish Environment-friendly Vehicles and Enhance Competitiveness 07 May 2007 IFC Support to OCL Will Help Enhance Cement Production 27 Apr 2007 IFC Support to Kanoria Will Help Establish Environment-friendly Processes and Enhance Productivity 21 Mar 2007 IFC to Help Kotak Mahindra Bank Augment Its Capital Base and Strengthen India’s Private Banking Sector 19 Mar 2007 IFC Support to FINO Will Help Banks Reach Underserved Markets in Rural India 22 Feb 2007 IFC-SEDF to Support UTI Bank in Improving Access to Finance for Micro, Small, and Medium Enterprises in Northeast India 13 Feb 2007 World Bank Group Releases Doing Business in South Asia 2007: India is the top reformer in the region, Hyderabad has the country’s most business-friendly regulations 06 Feb 2007 World Bank, IFC Support India in Scaling Up Infrastructure through Public-Private Partnerships 07 Dec 2006 IFC-SEDF to Partner with Confederation of Indian Industry, Ministry of Panchayati Raj’s Rural Business Hub Initiative in Northeastern States 15 Nov 2006 IFC's Support to Ocimum Biosolutions Promotes Contract Research Outsourcing to India 12 Oct 2006 IFC to Help HDFC Bank Augment Its Capital Base and Strengthen India’s Private Banking Sector 11 Oct 2006 IFC to Help Suguna Poultry Farms Enhance Corporate Governance and Supply Chain Management 05 Oct 2006 IFC Signs Agreement to Purchase Carbon Credits from Hydropower Projects in India 22 Sep 2006 IFC-SEDF Assists in Building Risk Management Capabilities Among Local Banks 26 Jul 2006 Bangladesh Bank and IFC reinforce corporate governance benefits 25 Jul 2006 IFC Supports RSB in India to expand and become globally competitive 05 Jul 2006 IFC Provides Financing for Continental Carbon India Limited to Expand Power Generation Capacity 05 Jul 2006 IFC Signs $150 million Loan to Cairn Energy for India and Bangladesh, Partners in Innovative Community Development Programs 29 Jun 2006 IFC Signs Carbon Emission Purchase Agreement in India 28 Jun 2006 IFC Supports Atul Limited in India to Expand and Diversify its Product Line 26 May 2006 IFC-SEDF Facility Will Promote SME Development for Sri Lanka and Maldives 18 May 2006 IFC Invests to Help LGB Upgrade and Increase Global Competitiveness 25 Apr 2006 IFC to develop rural electrification pilot programs in India with NRECA
MOU to be signed with India’s Power Finance Corp. April 25 17 Mar 2006 IFC-SEDF Seminar On “Promoting Trade Between Bangladesh And North East India 28 Feb 2006 IFC Investment Improves Hydroelectric Generation Capacity in India
Small hydro projects to benefit from $15.2 million financing 17 Feb 2006 IFC Announces Its First Global Trade Finance Deal in Bangladesh 24 Jan 2006 IFC to Invest $20 Million in PSL Limited for Expansion Project 23 Jan 2006 IFC to Invest $20 Million in PSL Limited for Expansion Project 05 Jan 2006 IFC Invests in TurboTech Energy Conservation Turbines 07 Nov 2005 Surging South-South Foreign Direct Investment
Key Theme of IFC-Financial Times Conference, Mumbai, November 9-10 28 Sep 2005 IFC Invests in India’s Health Care Sector: Apollo Hospitals 28 Jul 2005 IFC Signs First Carbon Emission Purchase Agreement in India 26 Jul 2005 IFC Signs Carbon Emission Purchase Agreements in Brazil and India 20 Jun 2005 IFC Committed to Support Indian Biotech Sector 17 Jun 2005 IFC Supports Infrastructure Financing In India With $50 Million Debt Financing To IDFC 10 Jun 2005 IFC Provides $300 million to Tata Steel in India 16 May 2005 IFC Makes $4 Million Equity Commitment To Biotech Fund in India
APIDC Biotechnology Fund Will Focus On Early-Stage Life Sciences Businesses 16 May 2005 IFC Supports Tsunami-Affected Companies With $150 Million
Tourism Loan Facility
Opportunity for Indian and Other Hotel Companies to Rebuild Tourism Ventures in
Sri Lanka, Maldives and Thailand affected by the Tsunami
25 Apr 2005 IFC Commits $42 Million Loan and $7 Million Equity in AD Hydro Power Limited
--will contribute to expansion of hydro-electric generation and alleviate shortages-- 23 Feb 2005 IFC signs $30 million Loan Agreement with Indian Chemical Manufacturer 01 Dec 2004 IFC and India’s Self Employed Women’s Association’s Trade Facilitation Center
Sign Grant Agreement 11 Nov 2004 India IFC Provides $22 million Loan to Kotak Mahindra Bank 09 Aug 2004 IFC Invests in Rain Calcining Limited in India
Expansion of Petroleum Coke Calciner Project 01 Jul 2004 IFC Bolsters South-South Investments by Supporting RAK Ceramics’ Iran and India Projects 27 Apr 2004 IFC and FIAS Organize Workshop On Economic Zones In South Asia
April 29-30, 2004, New Delhi 24 Nov 2003 IFC Invests in First Foreign Currency Convertible Bond in India 10 Nov 2003 India— IFC Provides $17.5 Million Loan to Indian Agrochemical Producer, United Phosphorous Limited 16 Oct 2003 IFC Approves $75 Million Loan to Powerlinks Transmission Ltd., India 29 Sep 2003 India—IFC Provides 2 billion Rupee Loan to Sundaram Finance Limited 03 Sep 2003 IFC Invests in India’s Health Care Sector 30 Jun 2003 India—IFC Supports Textile Plant Expansion in India 30 Jun 2003 IFC Provides $200 Million Financing Package to India’s Top Mortgage Lender, HDFC 27 Jun 2003 IFC Invests in Canadian-Based Natural Gas Producer for Expansion in India 23 Jun 2003 India—IFC Provides Financing to Telco 23 Jun 2003 IFC Invests INR 600 Million in Dewan Housing Finance Corporation 17 Jun 2003 India—IFC Finances Larsen & Toubro’s Overseas Growth Plans 12 Jun 2003 IFC Invests $15 Million in New Sugar Mill in India 02 Jun 2003 IFC INVESTS IN GLOBAL ARTISAN E-COMMERCE COMPANY- E-commerce becomes a key business tool for artisans in Indonesia, Thailand, Peru, Mexico, India, Brazil and Ghana 02 Jun 2003 IFC Invests in India’s Animation and Multimedia Sector 01 May 2003 IFC And Usha Beltron Promote Women’s Enterprise Development Among Rural Communities In India 01 May 2003 IFC Chief Peter Woicke Calls for Greater Focus on the 3 C’s:
Competitiveness, Corporate Governance, & Corporate Citizenship 11 Dec 2002 IFC Provides Financing to Apollo Tyres Ltd. 26 Nov 2002 IFC Invests in India's Information Technology Sector 07 Nov 2002 IFC Makes Additional Investment in India-Based Remote Services Company 11 Sep 2002 IFC Invests in Usha Beltron Limited, India 09 Sep 2002 IFC Provides US$10 Million Loan to Cosmo Films, India 21 Aug 2002 The International Finance Corporation, the private-sector lending arm of the World Bank Group, today issued a statement disavowing any association with a financial entity operating under a similar name. 23 Jul 2002 IFC INVESTS INR 840 MILLION IN MAHINDRA & MAHINDRA FINANCIAL SERVICES 06 May 2002 IFC Invests $2 Million in Webdunia, India 06 May 2002 IFC Invests $1.25 Million in First Private Sector Leasing Company in the Maldives 02 May 2002 India-IFC Helps to Tap New Export Markets to Support Self-Employed Women's Association (SEWA) 29 Apr 2002 IFC Invests INR 500 Million in Sundaram Housing Finance
First Indian Rupee Loan by IFC will Expand Access to Housing Finance 08 Nov 2001 IFC Invests In India's Chemical Sector 19 Jul 2001 India—IFC Invests in Internet-Based Education Project for Poor Children 04 Jun 2001 IFC Invests In AMP-IndAsia India Fund 04 Jun 2001 IFC Offers a Structured Partial Credit Guarantee of a Rupee Bond Issued by Bharti Mobile Limited 13 Apr 2001 IFC EXPRESSES SUPPORT FOR GLOBAL TRUST BANK CHANGES 12 Apr 2001 GOOD BUSINESS -- APRIL 2001 05 Feb 2001 IFC OFFERS FIRST STRUCTURED PARTIAL CREDIT GUARANTEE ON A LOCAL CURRENCY BOND ISSUE 08 Jan 2001 US$90 MILLION PRIVATE SECTOR STUDENT LOAN PROGRAM CREATED IN INDIA FOR INFORMATION TECHNOLOGY STUDENTS 20 Nov 2000 IFC INVESTS IN INTERNET BASED REMOTE SERVICES COMPANY 10 Nov 2000 IFC INVESTS IN MICRO-FINANCE COMPANY TO LEND TO RURAL POOR IN INDIA 29 Jun 2000 IFC MAKES FIRST GUARANTEE TRANSACTION OF LOCAL CURRENCY LOANS TO POWER DISTRIBUTION PROJECTS IN INDIA
09 Jun 2000 05 Jan 2000 IFC INVESTS IN NEW HOUSING FINANCE COMPANY IN INDIA
27 Oct 1999 IFC INVESTS US$9 MILLION IN 28MW CO-GENERATION
POWER PROJECT IN INDIA
28 May 1999 IFC INVESTS US$25 MILLION IN COMPACT DISK RECORDABLE
PROJECT IN INDIA 03 May 1999 IFC CO-PUBLISHES STUDY OF PRIVATE EDUCATION IN DEVELOPING COUNTRIES 03 Nov 1998 IFC INVESTS IN INDIA'S AUTOMOTIVE SECTOR 08 May 1998 IFC INVESTS IN GLOBAL TRUST BANK OF INDIA 20 Nov 1997 IFC TO INVEST US$8 MILLION IN MODERN MULTI-SPECIALITY PRIVATE HOSPITAL IN CALCUTTA, INDIA 03 Nov 1997 SMALL-SCALE INFRASTRUCTURE IN INDIA TO BENEFIT FROM IFC FINANCING 17 Oct 1997 IFC INVESTS US$20 MILLION IN INDIAN FINANCIAL COMPANY
-To Provide Funding for Infrastructure Projects-
28 Jul 1997 IFC ANNOUNCES APPOINTMENT OF REGIONAL REPRESENTATIVE AND DIRECTOR, ASIA II DEPARTMENT, BASED IN INDIA 06 Mar 1997 IFC INVESTS IN GLASS FIBRE REINFORCEMENTS PROJECT IN INDIA 26 Aug 1996 IFC TO ASSIST WITH PORT PROJECTS IN INDIA 25 Apr 1996 IFC PROVIDES US$10 MILLION FINANCING FOR AGRO-INDUSTRY SECTOR IN INDIA 18 Apr 1996 IFC INVESTS IN TWO VENTURE FUNDS IN INDIA 31 Oct 1995 IFC TO INVEST IN INDIA'S OIL AND GAS SECTOR 27 Oct 1995 IFC TO ASSIST WATER PRIVATIZATION IN INDIA -- Program in State of Kerala is Country's First -- 28 Aug 1995 IFC TO INVEST IN COKE CALCINING PLANT IN INDIA 06 Jul 1995 IFC INVESTS US$20 MILLION IN INDIAN FINANCE COMPANY 13 Feb 1995 IFC APPROVES US$25 MILLION CREDIT LINE TO EXIM BANK IN INDIA TO FINANCE SMALL AND MEDIUM ENTERPRISES 11 Oct 1994 IFC APPROVES US$35 MILLION INVESTMENT FOR CEMENT PROJECT IN INDIA 28 Sep 1994 NEW IFC STUDY EXAMINES HOW DEVELOPING COUNTRY FIRMS CHOOSE BETWEEN DEBT AND EQUITY IN THEIR FINANCING DECISIONS 01 Aug 1994 IFC INVESTMENT IN INDIA TO PROMOTE STATE VENTURE CAPITAL FUNDS 21 Jul 1994 IFC INVESTS US$25 MILLION IN INDIAN LEASING COMPANY 24 Jun 1994 IFC INVESTS US$47 MILLION IN SHIPPING COMPANY IN INDIA 21 Jun 1994 IFC APPROVES US$33.5 MILLION INVESTMENT FOR CEMENT PROJECT IN INDIA 15 Jun 1994 IFC APPROVES US$118 MILLION FOR PRIVATE SECTOR POWER PROJECT IN INDIA 05 Jun 1994 IFC INVESTS IN A NEW COMMERCIAL BANK IN INDIA 01 Dec 1993 IFC INVESTS IN INFORMATION TECHNOLOGY FUND IN INDIA 25 Oct 1993
IFC INVESTS US$7.3 MILLION IN MUTUAL FUND IN INDIA 20 Apr 1993 IFC FINANCING FOR INDIA EQUIPMENT LEASING TO BENEFIT SMALL AND MEDIUM BUSINESSES |
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