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NIIF taps Russell Reynolds to find next MD & CEO

Weekly roundup of people news, May 12 | Moves

China's new regulatory body gets chief; China Life Pension names new chairman; India's quasi SWF gets new CEO; Australian Super appoints Europe investments head; JPMAM's Greater China head relocates; and more.

IL&FS completes stake sale in ONGC Tripura Power to GAIL for Rs1,227 crore

IL&FS completes 26 pc stake sale in ONGC Tripura Power Company

Debt-laden IL&FS said on Tuesday it has completed sale of its 26 per cent stake in ONGC Tripura Power Company (OTPC) to Gas Authority of India Limited (GAIL) at an aggregate valuation of Rs 1,227 crore.

IL&FS completes stake sale in OTPC for Rs 1,227 cr

The IL&FS Group has completed sale of its 26 per cent stake in ONGC Tripura Power Company (OTPC) to Gas Authority of India Limited (GAIL) at an aggregate valuation of Rs 1,227 crore.According to the Group, with this transaction, IL&FS .

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