26.06.2009 - LIC housing finance to set up venture fund
From WSJ: LIC Housing Finance Ltd. is setting up a 5 billion rupees (about $100 million) venture fund to invest in the Indian real estate industry as the mortgage lender sees demand reviving in the sector, its chief executive said. "We will finalize partners for the fund within a month and launch it by September," R. R. Nair, also a board member, told Dow Jones Newswires in a recent interview........Full Article (Subcription Required) : Source
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