Cabinet approves Rs 20,000-crore infra investment fund

Last Updated: Wednesday, July 29, 2015, 21:38

The Union Cabinet on Wednesday approved creation of a Rs 20,000-crore National Investment and Infrastructure Fund (NIIF), a sort of sovereign fund, for development of infrastructure projects, including the stalled ones.

Qatari fund invests in BlackBerry

Last Updated: Saturday, November 9, 2013, 13:07

A Qatari sovereign wealth fund was among a small group of investors who recently contributed USD 1 billion to Canadian smartphone maker BlackBerry, US securities filings showed Friday.

India seeks Kuwaiti investment in infra

Last Updated: Monday, March 11, 2013, 23:00

The issue was raised by Commerce and Industry Minister Anand Sharma during his meeting with Kuwaiti Minister for Amiri Dewan Affairs Sheikh Nasser Sabah Al-Ahmad Al-Jaber Al Sabah, an official said.

Govt to hold a meet on May 9 on proposed Sovereign Fund

Last Updated: Sunday, May 6, 2012, 14:48

The government will hold a meeting on May 9 to decide on setting up of proposed Sovereign Fund of India that could be used, among other things, to buy overseas assets for the benefit of the state-owned companies.