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IFCI Ltd.

IFCI Limited has launched ESG PRAKRIT, a new technology platform. This platform offers comprehensive ESG assessment, reporting, and advisory services. It aims to help banks, financial institutions, and corporates improve their sustainability performance. The initiative supports climate risk preparedness and ESG compliance. This launch aligns with India's vision for sustainable growth.

Entrepreneurship Development Institute of India (EDII), Ahmedabad, a 'Centre of Excellence' recognised by the Ministry of Skill Development & Entrepreneurship, Government of India, celebrated its 24th convocation of academic programmes on 30 May 2025, at its Ahmedabad campus. The event was graced by chief guest Dr. Vijay Kumar Saraswat, Member, NITI Aayog, Former Secretary, DRDO and Distinguished Scientist. Also present on the occasion were Shri Rakesh Sharma, President – EDII and Managing Director and Chief Executive Officer, IDBI Bank Limited; Dr. Sunil Shukla, Director General, EDII; and esteemed members of the EDII Governing Board including Rajesh R. Gandhi, Managing Director, Vadilal Industries Limited, Ahmedabad; Rahul Bhave, Managing Director and CEO, IFCI Limited, New Delhi and Purnima Bhargava, CGM & Head, Learning & Employee Engagement, IDBI Bank Ltd. 74 graduates were conferred with diplomas and graduating certificates, at the 24th convocation, across academic programmes including the Post Graduate Diploma in Management – Entrepreneurship (PGDM - E); Post Graduate Diploma in Management-Innovation Entrepreneurship & Venture Development (PGDM-IEV)and Fellow Programme in Management (FPM).

Entrepreneurship Development Institute of India (EDII), Ahmedabad, a 'Centre of Excellence' recognised by the Ministry of Skill Development & Entrepreneurship, Government of India, celebrated its 24th convocation of academic programmes on 30 May 2025, at its Ahmedabad campus. The event was graced by chief guest Dr. Vijay Kumar Saraswat, Member, NITI Aayog, Former Secretary, DRDO and Distinguished Scientist. Also present on the occasion were Shri Rakesh Sharma, President – EDII and Managing Director and Chief Executive Officer, IDBI Bank Limited; Dr. Sunil Shukla, Director General, EDII; and esteemed members of the EDII Governing Board including Rajesh R. Gandhi, Managing Director, Vadilal Industries Limited, Ahmedabad; Rahul Bhave, Managing Director and CEO, IFCI Limited, New Delhi and Purnima Bhargava, CGM & Head, Learning & Employee Engagement, IDBI Bank Ltd. 74 graduates were conferred with diplomas and graduating certificates, at the 24th convocation, across academic programmes including the Post Graduate Diploma in Management – Entrepreneurship (PGDM - E); Post Graduate Diploma in Management-Innovation Entrepreneurship & Venture Development (PGDM-IEV)and Fellow Programme in Management (FPM).

Ola Electric's subsidiary missed targets under the PLI ACC scheme, as mentioned in a letter from IFCI Ltd. Despite the setback, an Ola spokesperson confirmed the initiation of trial production at its Gigafactory in March 2024 and assured that commercial production of lithium-ion cells would begin by Q1 FY26, positioning Ola as India's first manufacturer under the ACC PLI scheme.

Ola Electric's subsidiary missed targets under the PLI ACC scheme, as mentioned in a letter from IFCI Ltd. Despite the setback, an Ola spokesperson confirmed the initiation of trial production at its Gigafactory in March 2024 and assured that commercial production of lithium-ion cells would begin by Q1 FY26, positioning Ola as India's first manufacturer under the ACC PLI scheme.