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Tuesday, February 23, 1999

TCW-ICICI plan to invest $35 mn in India

 
MUMBAI, FEB 22: TCW-ICICI India private equity fund, the Mauritius based private equity fund managed by ICICI Venture Funds Management, will invest $35 million in Indian companies as well as overseas companies promoted by Indians in the next one year.

ICICI Venture is currently holding its annual investors conference in Bangalore. The objective of the conference is to ally the concerns of international investors on the state of the economy and capital markets and also reinforce the image of India being an emerging economic power.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


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