Christie Ou
The government has made its latest attempt to encourage foreign investment into the country.
The joint venture will operate under an ESG framework with a focus on the clean tech, education, infrastructure, healthcare and IT/media sectors.
ICICI is planning to advance its partnership with Apollo following their first joint venture, AION Capital, in 2013.
The asset manager is making its second investment into Logix Group, the Indian developer of information technology parks and IT Special Economic Zones.
The bank’s real estate asset management arm provided 12 loans totalling £159.5m across 28 UK assets since inception.
Essel Finance continues to look at the residential sector despite the intense competition in India.
Edelweiss is eyeing a new fund following the launch of a turnaround unit for distressed assets last month.
Banks in India are looking to find alternate solutions for the resolution of stressed assets.
The manager has launched two real estate debt funds since 2014 to seize opportunities in mid-market housing.
One of the shareholders of the company argues that the recapitalisation plan was structured with the chief executive’s interests in mind.