Tag: Jp Morgan

Sobha in talks with private equity

Real estate major Sobha Developers is in talks with private equity players such as JP Morgan, Actis and IL&FS for selling stakes in some of its projects to raise much-needed fund for the development. Sobha is also planning a qualified institutional placement to reduce debt burden by almost eight hundred crore rupees this fiscal. The […]

JP Morgan plans to invest 1 bn dollars

JP Morgan India Pvt. Ltd. is working on a plan to invest 1 bn dollar in multiple industrial sectors in India. Kalpana Morparia, JP Morgan India’s chief executive officer, recently revealed that the company has invested nearly 500 mn dollar from the fund in 4 sectors of the Indian economy – real estate, infrastructure, manufacturing […]