| 07.06.2011 - IDFC, Khazanah to form JV to invest in India road projects |
| Infrastructure Development Finance Co., or IDFC, said Friday it plans to form a joint venture company with Malaysia's sovereign wealth fund Khazanah Nasional Berhad to invest in road projects in India. IDFC would initially hold a 19.9% stake in the joint venture while Khazanah would own the balance 80.1%, the Indian company said in a filing to the Bombay Stock Exchange.............................................Full Article: Source |