CPPIB to invest up to $600-million in India’s National Investment and Infrastructure Fund

to invest alongside the Master Fund, Canada Pension Plan Investment Board said in a statement on Thursday.

The NIIF is majority-owned by institutional investors, but says is anchored by India’s government, which is also an investor in its Master Fund.India needs investments worth about $778 billion for highways, urban transport and renewable energy by 2022, according to the India Brand Equity Foundation, a government body.Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

B.C. software company Fulcrum Management raises $20-million in venture fundingFulcrum Management Solutions has been developing the Thoughtexchange software service over the past decade and has raised more than $10-million in previous rounds
Source: globeandmail - 🏆 5. / 92 Read more »

RBC makes inroads with digital ventures as investment banking dries upRoyal Bank has established ties with 3.2 million Canadians through its apps
Source: nationalpost - 🏆 10. / 80 Read more »