News from other websites on Sovereign Wealth Fund
No reason to panic over rupee: Raghuram Rajan
May 23, 2013 at 17:56 | Source: Business Today
A file photo of Raghuram Rajan Even as rupee fell below 56-level against dollar on Thursday, a top adviser to finance ministry on Thursday said there is no need to panic, and RBI takes decisions on whether to intervene in forex markets or not to sta...
No need to panic on rupee front: Raghuram Rajan
May 23, 2013 at 17:21 | Source: Economic Times
NEW DELHI: Even as rupee fell below 56-level against dollar on Thursday a top adviser to finance ministry on Thursday said there is no need to panic, and RBI takes decisions on whether to intervene in forex markets or not to stabilise the local curre...
Temasek invests $500 mn for 10% in financial data provider Markit Group
May 22, 2013 at 20:42 | Source: DomainB
Temasek Holdings, the sovereign wealth fund of Singapore, has acquired a stake in UK-based financial data provider Markit Group. The London-based company did not reveal the size of the investment, but Reuters today reported that Temasek paid $500 mi...
China buys stakes in key Australian power assets
May 18, 2013 at 17:32 | Source: DomainB
The world's biggest utility company by revenue, State Grid Corp of China (SGCC), which is also the world's seventh-largest company, is planning to buy stakes in Australian power assets worth billions of dollars, a move that will invite close scrutin...
Tata's PE fund to buy out Actis from its road JV with Tatas
May 17, 2013 at 07:00 | Source: Economic Times
MUMBAI: Three years after private equity firm Actis and the salt-to-steel conglomerate Tata Group formed a $200 million JV -- with an ambitious plan to spend ten times of that sum ($2 billion) in building roads over five years -- the venture is comin...
Tata Opportunities Fund to buy 5% stake in Tata Sky
May 16, 2013 at 06:51 | Source: Economic Times
MUMBAI: Tata Opportunities Fund (TOF) LP - a captive PE fund of the $100 billion salt-to-software conglomerate -- is all set to buy a 5% stake in Tata Group's joint venture DTH company Tata Sky. TOF, which has a corpus of $600 million raised last mo...
Current account deficit takes centre-stage
May 16, 2013 at 00:41 | Source: The Hindu BusinessLine
May 15, 2013: India’s current account deficit has replaced the fiscal deficit in media headlines. Of course, one wonders why it took so long. The CAD has been a permanent feature of our national account statistics.It’s probably the love ...
Kuwait-Led Group in Takeover Approach for U.K. Water Firm
May 15, 2013 at 20:00 | Source: Bloomberg
Severn Trent Plc (SVT), the U.K.'s second-largest publicly traded water company, rejected a takeover approach from Kuwait's sovereign wealth fund and a Canadian infrastructure investor. The proposal “completely fails to recognize th...
Severn Trent rejects takeover approach
May 15, 2013 at 18:02 | Source: BBC
Water supplier Severn Trent has rejected a preliminary takeover offer from international investors. In a statement, the company said the proposal completely fails to recognise the existing and potential value of Severn Trent . It did not reveal detai...
Why China doesn’t need the world
May 14, 2013 at 12:42 | Source: Market Watch
SYDNEY (MarketWatch) — The Chinese mercantilist model is increasingly problematic, as growth slows and weaknesses emerge. China may find it more convenient and productive to adjust to the new global environment by focusing inward. Click to Play Op...
Fitch's Indian arm to start credit rating infra debt funds
May 14, 2013 at 11:37 | Source: FirstPost
New Delhi: The Indian arm of global agency Fitch will assign credit ratings to IDF so as to help instill confidence among global investors and provide thrust to the infrastructure sector, the government said today."India Ratings has come out wit...
Fitch's Indian arm to start rating infrastructure debt funds
May 14, 2013 at 09:40 | Source: Business Today
The Indian arm of global rating agency Fitch will assign credit ratings to infrastructure debt funds (IDFs) to help instill confidence in global investors and provide thrust to the infrastructure sector, the government said on Monday."India Ratings ...
Fitch's Indian arm to start rating infrastructure debt funds: Government
May 14, 2013 at 06:22 | Source: Economic Times
NEW DELHI: The Indian arm of global agency Fitch will assign credit ratings to IDF so as to help instill confidence among global investors and provide thrust to the infrastructure sector, the government said today. "India Ratings has come out with a...
Citic Capital, Temasek to buy Chinese software firm Asiainfo for $900 mn
May 13, 2013 at 22:52 | Source: DomainB
A consortium led by China's Citic Capital and Singapore's sovereign wealth fund Temasek Holdings today agreed to buy US-listed Chinese telecom software firm Asiainfo-Linkage Inc for about $900 million. The consortium that includes Asiainfo-Linkage f...
Fitch’s Indian arm to assign credit ratings to IDFs
May 13, 2013 at 17:06 | Source: The Hindu BusinessLine
New Delhi, May 13: The Indian arm of global agency Fitch will assign credit ratings to IDF so as to help instil confidence among global investors and provide thrust to the infrastructure sector, the government said today. “India Ratings has co...
Fitch's Indian arm to start rating infra debt funds
May 13, 2013 at 15:50 | Source: FirstPost
New Delhi: The Indian arm of global agency Fitch will assign credit ratings to IDF so as to help instill confidence among global investors and provide thrust to the infrastructure sector, the government said today."India Ratings has come out wit...
China-UK rift over Dalai Lama puts major UK projects in jeopardy
May 07, 2013 at 23:52 | Source: DomainB
A rift in the UK's relations with the Chinese government has put at risk billions of pounds of investments in major UK infrastructure projects. According to the The Daily Telegraph, China's sovereign wealth fund would not be able to invest in long-t...
Consortium led by Bain Capital and Golden Gate to acquire BMC Software for $6.9 bn
May 07, 2013 at 16:57 | Source: DomainB
A consortium led by private equity firms Bain Capital and Golden Gate Capital yesterday agreed to take Texas-based software company BMC Software Inc private in a $6.9-billion deal, one of the largest leveraged buyouts so far this year, after the pro...
BMC to go private in $6.9 bn deal led by Bain, Golden Gate
May 07, 2013 at 04:07 | Source: Economic Times
Business software maker BMC Software Inc , whose anemic growth has been a source of frustration for its largest shareholder, said it would be taken private by a group led by Bain Capital and Golden Gate Capital for about $6.9 billion. Elliott Manage...
Qatar's 5% buy in Bharti shows revival of foreign interest in India
May 04, 2013 at 07:55 | Source: FirstPost
Gulf state Qatar has bought a 5 percent stake in Indian telecom firm Bharti Airtel for $1.26 billion, extending an overseas buying spree from mainly developed countries to India. The stake buy implies revival of foreign investor faith in India's tele...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
