Aditya Birla Capital, VÃ¤rde to create $1 billion JV: Reports
Billionaire Kumar Mangalam Birla-led financial services provider Aditya Birla Capital and US investment firm VÃ¤rde Partners are reportedly creating a joint venture to invest up to $1 billion in distressed assets in India. The joint venture is expected to deploy this sum over three years. The venture will look for deals of up to $100 million (â¹705 crore), reports said.