DE Shaw invests $250 million in HDIL unit:
Mauritius-based hedge fund DE Shaw has made an equity investment of $250 million (Rs 1,000 crore) in Mack Star Marketing, a unit of Mumbai-based Housing Development & Infrastructure (HDIL), a realty developer. The exact extent of the stake picked up by DE Shaw is not known.

Mr. Sunny Wadhawan - Managing Director, HDIL

28th Feb 2008