Enam India Infrastructure fund approved for FDI
Enam India Infrastructure Fund, a Mauritius-registered fund, has reportedly received approval to take foreign direct investment of 3,450 crore ($755 million) from The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Manmohan Singh, according to local media report.
In September 2010, Mumbai-based boutique security house Enam Group formed a $750 million infrastructure fund focus on investments on the power, port, road and airport sectors. About 75% of the fund was...
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