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Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [3] engaged in raising financial resources for expansion and running through capital markets and other borrowings. [ 4 ] [ 5 ] The Government of India owns a majority stake in the company, while the Ministry of Railways has administrative control.
Rate of return pricing or target-return pricing is a method by which a company will set the price of its product based on their desired returns on said product. [1] The concept of rate return pricing is very similar to return on investment, but in this circumstance the company can manipulate its prices to achieve the desired goal.
IRFC may refer to: Indian Railway Finance Corporation, an Indian railway financing company; Islamabad Rugby Football Club, a rugby football club from Islamabad, Pakistan
Indian Railways has historically subsidized the passenger segment with income from the freight business and prioritized passenger trains on the network. Hence, freight services were unable to complete other modes of transport on both cost and speed of delivery, leading to continuous erosion of market share till the early 2000s. [176]
On 31 March 2017, Indian Railways announced a target of electrifying the entire rail network would be electrified by 2023. [70] In March 2020, Indian Railways announced a nationwide shutdown of passenger service to combat the COVID-19 pandemic in India with the freight operations continuing to transport essential goods.
Bharat Electronics Limited was founded in Bangalore, Karnataka, India in 1954. [3]Starting with the manufacture of a few communication equipment in 1956, BEL started manufacturing receiving valves in 1961, germanium semiconductors in 1962, and radio transmitters for AIR in 1964 with help from the Soviet Union.
Muthoot Finance Ltd is an Indian financial corporation and the largest gold loan NBFC in the country. [4] In addition to financing gold loans, the company offers other forms of loans, insurance and money transfer services, and sells gold coins.
As of 31 March 2022, L&T has 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 joint operations. [18]L&T – Construction Equipment Limited: having its registered office at Mumbai, India and focusing on construction equipment and mining equipment, L&T-Komatsu Limited [19] was a joint-venture of Larsen and Toubro, and Komatsu Asia Pacific Pte Limited, Singapore, a wholly owned ...