Abu Dhabi Investment Authority
Recent Highlights
All Stories for Abu Dhabi Investment Authority
Abu Dhabi fund Mubadala to invest Rs 9,093 cr in Jio Platforms; becomes sixth investor in Reliance Industries unit in as many weeks
Fp Staff •The deals underline the status of Jio Platforms as a tech powerhouse and its ability to dominate India’s booming digital economy.
Govt plans new law to protect foreign investment; draft proposal aims at diffusing investor mistrust on agreements
•Investors previously had an option to take India to international arbitration courts under bilateral investment treaties (BITs) the government had agreed with dozens of nations.
GVK Group companies to raise Rs 7,614 cr to retire debt, Bidvest, ACSA stakes in Mumbai Airport
•GVK Reddy will continue as Executive Chairman and GV Sanjay Reddy as Managing Director in both MIAL and NMIAL
We need builders to build new India; HDFC keen to contribute to govt's Rs 20k cr realty fund, says Deepak Parekh
•The government fund will help good developers finish their pending projects, which are non-NPA and non-NCLT, said HDFC's Deepak Parekh.
Piyush Goyal to embark on two-day visit to UAE today to seek FDI in petroleum, railways, aviation sectors
•Commerce and Industry Minister Piyush Goyal will embark on a two-day visit to the United Arab Emirates (UAE) starting Saturday, to attend the meeting of 7th India-UAE High-Level Task Force on Investment
IL&FS fraud case: Board to set up sub-committee to oversee process of disinvestment
•The decision to form a sub-panel was taken in IL&FS's board meeting held on 28 June
Nestle in talks with EQT, ADIA for $10 billion skin health deal; transaction may close in second half of 2019
•Nestle will provide an update on how it will use the proceeds and its future capital structure at that time, the world’s biggest food group said in a statement.
IL&FS board charges 14 former directors of money laundering, criminal intent; show cause notices issued
•LIC is the single largest shareholder with over 25 percent stake in IL&FS and Japan's Orix Corp owns a little over 23 percent.
Banks stare at a massive Rs 30,000 crore loan write-off: Why IL&FS is yet to meet its Vijay Mallya moment
Muralidharan •The apparent reason why individual responsibility has not been fixed in case of IL&FS is it was promoted by a clutch of public sector insurance companies
RPower promoters aim Rs 2,500 cr from stake sale, plans to offload 18-19% shares; J P Morgan appointed as banker
•Part of the diversified Anil Ambani group, Reliance Power has appointed J P Morgan as the banker for the proposed stake sale, the sources said.