July 2009
M T W T F S S
« Jun   Aug »
 12345
6789101112
13141516171819
20212223242526
2728293031  

Contact us

Tata Cap, Mizuho to raise $500m in Japan

Tata Capital, a subsidiary of Tata Sons, has tied up with Japanese securities firm Mizuho Securities to raise a private equity fund in Japan. The $500 million fund will invest in equity shares of unlisted mid-sized Indian companies. Tata Capital sources confirmed the development. They added that the Mizuho group is also likely to make proprietary investments in the fund. They refused to give further details. Interest rates in Japan are hovering around zero levels for years now and investors there are looking at overseas investments to make any returns at all. [...]