BlackRock to invest in dollar debt of Shapoorji Pallonji unit
BlackRock is investing in the dollar debt of an Indian company, Shapoorji Pallonji unit.
The investment is part of BlackRock’s strategy to expand its presence in emerging markets.
The move is expected to provide a boost to the Indian company, which is part of the Shapoorji Pallonji Group, a large conglomerate in India.