20 Dec | 21 Dec | 22 Dec | 23 Dec | 24 Dec | 25 Dec | 26 Decnews

SH Khan to head Feedback’s urban infrastructure core fund
Mumbai: Mr S H Khan former IDBI chairman has been appointed chairman of Feedback Ventures’ urban infrastructure fund — Feedback First Urban Infrastructure Development Company — which will be the first of its kind in the country.

Financial institutions and a private sector company — Larsen & Touburo — have committed Rs 100 crore towards the corpus. The other investors in the fund include IDBI, Unit Trust of India, LIC, GIC, and New India.

Feedback’s long-term plan is to gradually expand its operation as a fund-based activist developer for various infrastructure projects. The fund has already set up offices in Mumbai, Delhi, Chandigarh and Hyderabad, to get operations off the ground.
Back to News Review index page  


 


 search domain-b
  go
 
domain - B : Indian business : News Review : 26 Dec 2000 : people