Australian investment bank Macquarie Group has made its second move into infrastructure in an emerging market this year after buying a stake in an Indian power sector investment company with Goldman Sachs.

Reuters reports that Macquarie and Goldman Sachs have bought a 40% stake in PTC India Financial Services, a subsidiary of Indian power sector trading company PTC India.

Macquarie buys into Indian infrastructure

Harry Wilson

Goldman Sachs

Macquarie Group

PTC India

PTC India Financial Services

Citigroup

JP Morgan

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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