Date:17/07/2008 URL: http://www.thehindu.com/2008/07/17/stories/2008071755641900.htm

Business

Bahrain bank launches Navi Mumbai co.

DUBAI: Khaleeji Commercial Bank, a Bahrain-based Islamic private bank, has launched its Global Logistix Navi Mumbai Investment Company with a target capital of $430 million. The fund will aid in the development of India’s first integrated logistics city project on a 400-acre site in Navi Mumbai.