Word: bharatism
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...holdings, its fund managers immediately determined that the university did not have any direct holdings in Sudan-linked companies, but that they might indirectly hold shares of PetroChina, Sinopec, the Russian oil firm Tatneft, the Swiss power company ABB Ltd., and the state-owned Indian firm Bharat Heavy Electricals...
...filing shows no current ownership of either Morgan Stanley’s or the Blackstone Group’s funds that invest in Indian companies. Harvard’s previous investment in these two funds had represented an approximately $320,000 investment in Bharat, another firm that invests in Sudanese energy...
Harvard’s indirect investment in a fourth firm that aids the Sudanese energy industry, the Indian state-owned conglomerate Bharat, is estimated at about $320,000. That stake is held through two India-specific funds administered by Morgan Stanley and the Blackstone Group...
Several schools, including Amherst, Columbia, and the University of California, have already divested from Bharat...
Several schools, including Amherst, Columbia, and the University of California, have already divested from Bharat...