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The Canada Pension Plan Investment Board (CPPIB) and the Ontario Municipal Employees Retirement System (OMERS) are planning to invest more than ₹4,300 crore ($526 million) in IndInfravit, an infrastructure investment trust (InvIT) that owns and operates Indian road assets and is majority owned by the two investors, said two persons aware of the development.
The government is considering multiple proposals for the design of its proposed fact-check unit, which will be mandated to ascertain the veracity of government-related information online, minister of state for electronics and information technology Rajeev Chandrasekhar said on Friday.
Lenders to VoVL, the oil and gas exploration company of Videocon Industries, Thursday approved a conditional sale of two oil basins to Eneva S A and one to PetroRio, said people aware of the development.
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