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News Live: DP World, India#39;s NIF to invest up to $3bn in transport, logistics

2018-01-22 moneycontrol
Dubai-based ports operator DP World and India’s National Investment and Infrastructure Fund (NIF), a quasi sovereign wealth fund, said on Monday they had created a fund to invest up to $3 billion of equity in the transport and logistics sectors in India, reports Reuters. The money will target acquiring assets and developing projects in sea and river ports, freight corridors, special economic zones, inland container terminals, and logistics infrastructure such as cold storage, the two organisations said. (35-0)

Maxene Magalona and Robby Mananquil Take Paris For Prenup Shoot

The new year just started and we’re already hearing more wedding bells. Maxene Magalona recently shared photos from their prenup shoot in Paris. (0-1)