Fri, Oct 24, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

India mulls setting up sovereign wealth fund news

Posted on 19 March 2010

From Domain-b.com: Constantly being out bid by sovereign fund-backed rival China for overseas energy acquisitions, despite foreign exchange reserves of $283.5 billion, India has finally realised the need to have a sovereign wealth fund to help its oil companies make much needed energy acquisitions overseas.
Such a fund would have proved valuable in acquiring foreign resources when the value of hydrocarbon assets had plunged due to the recession, with oil falling to a low of around $42 a barrel in late 2008 and early 2009………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 15018 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031