Brookfield Asset Management

Brookfield is said to push ahead with India REIT IPO by year end

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Brookfield is said to push ahead with India REIT IPO by year end

By Baiju Kalesh Brookfield Asset Management Inc. is pushing to list a real estate investment trust in Mumbai before the end of this year, which could raise as much as 38 billion rupees ($513 million), according to people familiar with the matter. The Canadian asset manager has received good response from investors including sovereign wealth … Read more

Mistry family sends notice to Tata Sons Board for fiduciary lapses and damages

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Mistry family sends notice to Tata Sons Board for fiduciary lapses and damages

MUMBAI: The Shapoorji Pallonji group has sent a notice to the board of Tata Sons challenging its move to block the Mistry family as minority shareholders from pledging their shares to raise resources and threatened to seek damages individually and collectively from the directors. The notice has sought an explanation from the board members, particularly … Read more