![IFC to invest ₹600 cr in Mahindra’s mobility biz; share rises 2%](https://images.assettype.com/fortuneindia%2F2023-03%2F51048c3b-1bc1-4899-99b1-5ef11ec19661%2FMahindra_00839_copy.jpg?w=300&q=95)
IFC to invest ₹600 cr in Mahindra’s mobility biz; share rises 2%
The investment by IFC will be in the form of compulsory convertible instruments at a valuation of up to ₹6,020 crore.
The investment by IFC will be in the form of compulsory convertible instruments at a valuation of up to ₹6,020 crore.
IFC seeks to modernise Indian farming and increase farmer incomes with its latest investment in L&T Finance. The money will be lent to farmers to buy equipment in low-income states.
That is the minimum amount that India needs to finance its green push and meet its 2030 emissions target. Green bonds could be a big help.