Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Adani Group has told creditors it has secured $3 bn loan from a sovereign wealth fund, two sources with knowledge of the matter said, as the embattled conglomerate seeks to ease concerns
Subsequently, it will look to raise money from institutional investors, including Sovereign Wealth Funds
The $620 billion Public Investment Fund also added to positions it held in Facebook Inc. owner Meta Platforms Inc., PayPal Holdings Inc. and Electronic Arts Inc. in the second quarter
The discussions for ADIA taking a minority stake in Aditya Birla Health Insurance Co Ltd are ongoing and expected to gain pace in the coming weeks
The investment in the Kyoto-based group company was made for investment purposes, a filing said.
PM Modi invited sovereign wealth funds of the Nordic countries to invest in India and noted that New Delhi's Arctic policy provides a good framework for the expansion of cooperation in Arctic region
The Government Pension Fund Global, Norway's $1.4-tn sovereign wealth fund that holds 1.3% of all the world's listed companies and is the largest in the world, raised its Indian bets last year
Sovereign and pension fund have seen a rise in their share of overall FPI assets
Assets held by the world's sovereign wealth and public pension funds rose to a record $31.9 trillion in 2021 thanks to rising US stock and oil prices
State-backed wealth investors Abu Dhabi Investment Authority and Singapore's GIC Pte are among those weighing bidding to participate in the IPO, sources said
The exclusion was announced by Norges Bank after a recommendation from the Council on Ethics, an independent body that investigates possible norm breaches in the wealth fund's $1.4 tn portfolio
Norway is now taking another look at the mandate handed to its wealth fund, the world's biggest
This highlights the toll that the coronavirus pandemic has wrought on the company's vast assets
In 2020, sovereign wealth funds poured $14.8 billion into India, nearly three times more than what they invested in China
Holdings in Indian equities are higher now than before the pandemic took hold
The decline followed record earnings in 2019, when the fund raked in profits of $180 billion as global stock markets soared
CBDT notifies changes that will also apply to pension funds
Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.
The share of such funds among overall foreign holdings had risen over the last 18 months