The investment in the Kyoto-based group company was made for investment purposes, a filing said.
PM Modi invited sovereign wealth funds of the Nordic countries to invest in India and noted that New Delhi's Arctic policy provides a good framework for the expansion of cooperation in Arctic region
The Government Pension Fund Global, Norway's $1.4-tn sovereign wealth fund that holds 1.3% of all the world's listed companies and is the largest in the world, raised its Indian bets last year
Sovereign and pension fund have seen a rise in their share of overall FPI assets
Assets held by the world's sovereign wealth and public pension funds rose to a record $31.9 trillion in 2021 thanks to rising US stock and oil prices
State-backed wealth investors Abu Dhabi Investment Authority and Singapore's GIC Pte are among those weighing bidding to participate in the IPO, sources said
The exclusion was announced by Norges Bank after a recommendation from the Council on Ethics, an independent body that investigates possible norm breaches in the wealth fund's $1.4 tn portfolio
Norway is now taking another look at the mandate handed to its wealth fund, the world's biggest
The scale of its green energy debut is stunning
This highlights the toll that the coronavirus pandemic has wrought on the company's vast assets
In 2020, sovereign wealth funds poured $14.8 billion into India, nearly three times more than what they invested in China
Holdings in Indian equities are higher now than before the pandemic took hold
The decline followed record earnings in 2019, when the fund raked in profits of $180 billion as global stock markets soared
CBDT notifies changes that will also apply to pension funds
Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.
The share of such funds among overall foreign holdings had risen over the last 18 months
Foreign outflows could accelerate further if oil prices stay low
At least one major UK company already faces a hard-hitting resolution aimed at making it more green.
The fund has added two new names - Adani Ports & Special Economic Zone and Britannia Industries - show the fund's latest disclosures
The fund makes annual disclosures on its portfolio. The latest one was out on 27th February, along with the release of its annual report