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IRFC and IIFCL want to enhance each other's strengths through this MoU, allowing them to jointly explore funding options for feasible infrastructure projects.

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The business declared a total equity dividend of Rs735, or Rs14.7 per share, for the fiscal year 2022. This yields a dividend of 1.41% at the current price of Rs1045.80.

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Information Technology stocks were trading in green, with the S&P BSE IT Sector index rising 262.8 points or 0.94% at 28103.47 at 09:45 IST.

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The half year results depict landmark revenue, the company said.

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Utilties stocks were trading with gains, with the S&P BSE Utilities index increasing 41.4 points or 1.08% at 3869.46 at 09:45 IST.

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The US stocks were mostly lower on Tuesday, 11 October 2022, with the Nasdaq and the S&P500 indexes settling session in negative territory, while the Dow manged to ekes out marginal gain. The weakness on the Wall Street was due to lingering worries about interest rate hikes and economic slowdown. A downward revision in global growth forecast by the International Monetary Fund weighed as well. […]

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Power stocks were trading in the positive zone, with the S&P BSE Power index rising 51.7 points or 1.11% at 4711.02 at 09:45 IST.

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Indian Railway Finance Corporation (IRFC) on Tuesday announced that it has signed a Memorandum of Understanding (MoU) with India Infrastructure Finance Company (IIFCL) to strengthen cooperation in financing railway infrastructure projects.

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