Canada Pension Plan Investment Board
There is some good news for India Inc. as the Canada Pension Plan Investment Board (CPPIB), the giant pension fund that makes private-equity investments, plans to open an office in India. CPPIB has hired Kotak Realty Fund executive V Hari Krishna as a key member of its local team. Krishna was a director in Kotak [...] Continue Reading »
Competition Commission of India (CCI) has cleared the proposed acquisition of Larsen & Toubro (L & T) Infrastructure Development Projects’ securities by foreign venture capital investor CPP Investment Board Singaporean Holdings 1. This is a very good news for L & T and there is a wave of cheer among the top brass of L & [...] Continue Reading »
Ajay Piramal is all set to make his boldest bet on the country’s battered infrastructure sector under the flagship Piramal Enterprises Limited (PEL). His investments in Vodafone India did fairly well and now with the Modinomics wave, he feels that infrastructure investments should be the next big thing. Piramal Enterprises Limited (PEL) is tying up [...] Continue Reading »
Canadian Pension Plan Investment Board (CPPIB) is set to appoint an India team with a new office in Mumbai later this year. The board manages $200 billion in assets. This is the second office of the Canadian giant in the emerging markets and signifies reviving sentiments on the India investment story. In the past one [...] Continue Reading »
Canada Pension Plan Investment Board (CPPIB) and Piramal Enterprises have equally invested in a $500-million fund to finance residential property projects in India. The venture will focus on providing project-level debt to local developers for residential developments in Mumbai, Delhi NCR, Bangalore, Pune and Chennai. These cities have good civic infrastructure, strong employment and population [...] Continue Reading »
