India Digest: Tata Steel mulls asset sale; AXA may exit MF JV; IndiaNivesh's maiden deal

India Digest: Tata Steel mulls asset sale; AXA may exit MF JV; IndiaNivesh's maiden deal

Photo: Reuters

Tata Steel is in talks with China’s second-largest steel producer, the Hesteel group, for the sale of its assets in Southeast Asia while AXA Investment Managers is looking to sell its share in its mutual fund joint venture with Bank of India. In another development, IndiaNivesh Renaissance Fund (INRF) has invested Rs 68 crore ($9.6 million) in two small companies.

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