NIIF ties up with RUSNANO OJSC
Q. National Investment and Infrastructure Fund has signed an MoU with which company?- Published on 03 Feb 16a. RUSNANO OJSC
b. Gazprom
c. Acron Group
d. AL ROSA
ANSWER: RUSNANO OJSC
National Investment and Infrastructure Fund Ltd has tied an MoU with RUSNANO OJSC of Russia. The signing of the MoU comes after the PM’s visit to Russia in December 2016 and discussions between NIIF and RUSNANO. Both companies have also made the agreement to establish the RUSSIA-INDIA HIGH TECHNOLOGY PRIVATE EQUITY FUND for joint implementation of investments into projects in India. NIIF is an AIF/ Alternative Investment Fund registered with SEBI while RUSNANO is a Russian company.