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Kerala government's infrastructure fund to raise up to Rs 2000Cr in PE

Friday, April 26, 2019, 8:08 PM

KIFM, an alternative investment fund sponsored by the state's financing arm, is seeking to raise up to Rs.2,000 crore in a private equity fund, becoming India's first provincial government to launch such an investment vehicle that would raise money even overseas for private projects. The challenge is to find commercially viable infrastructure projects that are able to meet the high return expectations of investors.
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Jared Kushner adds to glitter of desert town Jaisalmer

Saturday, November 24, 2018, 8:21 AM

US President Donald Trump's son-in-law Jared Kushner arrived in Jaisalmer on Thursday for the high-profile wedding of an Indian magnate he met at Harvard, adding to the glitter of the tourist town known for its 'golden' fort and luxury campsites in the Thar desert. Suryagarh's website offers top-end accommodation for about Rs 1lakh per night. The fund focuses on Latin America, India and China.
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Saudi crown prince vows to bring Jamal Khashoggi killers to justice

Thursday, October 25, 2018, 9:51 AM

Saudi Arabia's powerful Prince Mohammed Salman vowed that the killers of Jamal Khashoggi would be brought to justice, in his first public comments since the journalist's murder sparked global condemnation. Striking a defiant tone, Prince Mohammed told international investors at a major conference in Riyadh that the furor over Khashoggi's killing at Saudi consulate in Istanbul would not derail the kingdom's reform drive.

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