India-Japan Fund will invest ₹400 crore at a valuation of up to ₹6,600 crore, resulting in IJF's ownership ranging between 6.06% and 8.25% stake in Mahindra Last Mile Mobility.
With Manipal Hospitals wrapping up a deal to buy Columbia Asia Hospitals, Ranjan Pai has chalked off a major item on his bucket list: building a pan-India hospital chain. But he is far from done.
As spending by the public sector in infra is set to slow down, the government has to look for means to attract private and foreign capital. Some steps have been taken, but will they be enough?
Temasek’s investment comes as a mark of confidence in India’s infrastructure sector, which needs to grow at a rapid pace to sustain a high rate of economic development.
Asian Infrastructure Investment Bank’s move to invest $200 million to India’s National Investment and Infrastructure Fund is a huge boost to Indian infrastructure, say stakeholders.