283.74 4.68(1.68%)
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This tools helps you project your potential return on investments for the given stock, for a specified amount over a per-defined period of time.
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Tourism Finance Corporation of India Limited (TFCI) was incorporated on January 27, 1989 as a public limited company. The company became operational with effect from February 1, 1989 on receipt of certificate of the commencement of business from the Registrar of Companies. The company was promoted by IFCI Ltd along with other All-India Financial/ Investment Institutions and Nationalised Banks. TFCI has been set-up as an All-India Financial Institution, pursuant to the recommendations of 'National Committee on Tourism' set-up under the aegis of Planning Commission in 1988. TFCI provides financial assistance by way of rupee term loan, corporate loan and subscription to debentures/equity mainly to tourism sector comprising hotels, motels, resorts, spas, restaurants, food courts,amusement parks, family entertainment centers, multiplexes, etc. and in a limited way to other sectors such as social infrastructure (educational institutes, hospitals, affordable housing development, etc.), manufacturing, other services sector, real-estate etc.,The forms of financial assistance include rupee loan, underwriting of public issues of shares/debentures and direct subscription to such securities, guarantee of deferred payments and credit raised abroad, equipment finance, equipment leasin...