Son's bet on the portfolio companies and enhancing its investment team to 1,000 members comes amid world’s biggest investors including Canada Pension Plan Investment Board and Saudi Arabia’s sovereign wealth fund plans to make limited or no contributions to its second vision fund.
Expressing his views, Prof Ajay Dubey, Jawaharlal Nehru University, says, “India needs a stronger presence in the African Union as it largely goes by Banjul formula of the union to affect its aid and grants through India-Africa Forum Summit (IAFS). By extending this assistance, India will extend its influence in the African Union.”
The India Meteorological Department (IMD) has forecast average rainfall in 2019, while the country's only private forecaster Skymet has predicted below-normal rainfall.
