Morgan Stanley fund, Manipal FO sit on multi-bagger gains as NIIF takes control of iBus

By TEAM VCC

  • 10 Apr 2024
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Credit: 123RF.com

An Indian infrastructure fund managed by Wall Street firm Morgan Stanley and the family office of Manipal Education and Medical Group’s Ranjan Pai are sitting on multi-bagger gains on their investment in iBUS Network and Infrastructure Pvt. Ltd after National Investment and Infrastructure Fund (NIIF) agreed to buy a majority ......

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