From Business-standard.com: Temasek Holdings Advisors (Temasek), an Asia investment company, expanded its India operations with the launch of its Chennai branch office. With this presence, the company will now be able to geographically diversify and focus on the large South India market.
Manish Kejriwal, senior managing director and country head, Temasek Holdings Advisors India said: “We believe that in the current scenario, with prevailing capital scarcity, private equity investments are likely to play a pivotal role in global economic recovery. We already have a strong and diverse portfolio of investments but we believe the South presents a large growth market with a substantial investment potential.”…. Full Article: Source