 Chennai:
Following the acquisition of a 5.2 per cent stake in ICICI
Bank, the Singapore based Temasek Holdings, an investment
company, has decided to focus on India. The company is
planning to open an office in Mumbai and look at investment
options in various sectors. The company has set up the
$ 100 million Merlion India Fund to investment in mid-to
late stage Indian companies.
The
Indian operations would be headed by Manish Kejriwal who
will be assisted by Ravi Krishnasamy, currently director
of investments, Temasek.
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