• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Chennai , Jan. 12

TEMASEK Holdings (Private) Limited, the Singapore-based investment holding firm, has set up a $100 million Merlion India Fund to invest in promising mid-to-late stage Indian firms. It has also roped in Mr Manish Kejriwal of McKinsey and Company as its Managing Director to oversee Indian operations.

A press release says that Temasek will open an office in Mumbai and will evaluate opportunities in multiple sectors and at different stages. However, the focus will be on making direct investments into companies with good potential. Temasek will work with the Temasek-linked companies to identify investment opportunities in India. Recently, Temasek acquired a 5.2 per cent in ICICI Bank, says the release.

More Stories on : Venture Capital | Foreign Institutional Investors

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Outsourcing: British team to recommend more Indian cos

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line