Citigroup, Blackstone plan $5 bn India Infrastructure Fund
Citigroup, Blackstone plan $5 bn India Infrastructure Fund
By Agencies
Citigroup Inc., Blackstone Group Holdings LP and two Indian finance companies have signed an agreement to start a $5 billion infrastructure fund.
The fund will aim to improve the country’s roads, ports and other facilities, the Indian finance ministry said in an e- mailed release today.
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