Latest News for: India wealth fund

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Former Paytm Money CEO launches his own financial services platform with an investment from Mirae, and several other major startup founders

The Times of India 25 Feb 2021
... India-focussed fund launched by South Korean firm Mirae in January 2021.Pravin Jadhav, the former managing director and chief executive officer of Paytm Money, has launched his own financial services platform – Raise Financial Services.
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What would it take for private sector DFIs to succeed in today’s India

The Times of India 25 Feb 2021
For a developing country like India, financing of greenfield infrastructure projects is indeed a challenge ... Also, just one DFI would not be enough for the infrastructure aspirations of India ... This will open various financing avenues for the private DFIs, including money from sovereign wealth funds, insurance funds, pensions funds.
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Egypt authorizes Sputnik, AstraZeneca virus jabs

Arab News 25 Feb 2021
The agency had previously given emergency authorization for the Chinese Sinopharm vaccine and the AstraZeneca jab produced in India and ... Russia’s sovereign wealth fund RDIF said in a statement that “Egypt is the 35th country in the world to approve Sputnik V.”.
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COVID-19: Egypt authorises Sputnik V, AstraZeneca virus jabs

Gulf News 24 Feb 2021
The agency had previously given emergency authorisation for the Chinese Sinopharm vaccine and the AstraZeneca jab produced in India and marketed ... Russia's sovereign wealth fund RDIF said in a statement that "Egypt is the 35th country in the world to approve Sputnik V".
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Egypt authorises Sputnik, AstraZeneca virus jabs

Urdu Point 24 Feb 2021
The agency had previously given emergency authorisation for the Chinese Sinopharm vaccine and the AstraZeneca jab produced in India and marketed under the name Covishield, it added. Russia's sovereign wealth fund RDIF said in a statement that "Egypt is the 35th country in the world to approve Sputnik V" ... ....
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Mexico gets Russian vaccine Sputnik V

Business Line 23 Feb 2021
India stands fourth on this list, behind Mexico ... Sputnik V is presently approved for use in more than 30 countries making the vaccine one of the world’s top three coronavirus vaccines in terms of the number of approvals issued by regulatory authorities, the RDIF, Russia’s sovereign wealth fund, said.
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Sensex tanks 1,145pts on rising yield, crude

The Times of India 22 Feb 2021
From its all-time intraday high of 52,517 points on February 16, the sensex has lost nearly 2,800 points, or 5.3%, as foreign funds have turned cautious on India. As a result, investors’ wealth too has dipped by about Rs 3.4 lakh crore, with the ’s market capitalisation now at Rs 202.3 lakh crore from Rs 205.7 lakh crore a week earlier.
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15 Chinese biggies among portfolio investors

Deccan Chronicle 22 Feb 2021
Category I FPIs are defined by Securities and Exchange Board of India as government and government-related foreign investors such as central banks, sovereign wealth funds and pension funds. Big Chinese category IFPIs in India include The Asian Infrastructure Investment Bank, seen as a potential rival to the World Bank and the IMF.
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Solar power offers a brighter future for India

The National 21 Feb 2021
India is one of the ... The IEEFA report states that as well as fresh funds, refinancing is also required for green energy projects in India, and this capital is coming from private equity, sovereign wealth funds, oil and gas companies, and global pension and infrastructure funds.
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Dr Reddy's initiates EUA process for Russian Covid-19 vaccine Sputnik V

The Times of India 19 Feb 2021
The vaccine candidate is currently undergoing phase 3 clinical trials in India on 1,500 volunteers as part of a bridging study to the larger global phase 3 study ... Dr Reddy’s joined hands with Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) in September 2020 for conducting clinical trials and distributing Sputnik V in India ... India.
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Brookfield, NIIF, Actis place bids to buy Ashoka Concessions

Hindustan Times 18 Feb 2021
Canada’s Brookfield Asset Management Inc., India’s quasi-sovereign wealth fund National Investment and Infrastructure Fund (NIIF) and private-equity firm Actis Llp have placed bids to buy Ashoka Concessions Ltd in a deal with an implied equity value of around $350 million, said two people aware of the development.
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