ADIA to invest $1 billion in NIIF

November 2017

ADIA, the sovereign wealth fund of the Gulf emirate, has agreed to invest $1 billion (Rs 64.7 billion) in the National Investment and Infrastructure Fund’s (NIIF) Master Fund. ADIA will become the first institutional investor […]

Jaiprakash Associates approves debt restructuring

October 2017

Jaiprakash Associates’ board has approved the transfer of certain assets and liabilities, including debt of over Rs 118.34 billion, to its subsidiary, Jaypee Infrastructure Development Limited, as a part of its efforts to cut the […]

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