UPDATE 2-Temasek India head Kejriwal steps down to start fund

Newswire

SINGAPORE/HONG KONG, Sept 30 (Reuters) - Singapore state investor Temasek Holdings said on Friday that its India head, Manish Kejriwal, has decided to step down to explore the creation of a new fund in India, the latest in a series of changes in the investment firm's management. The fund will not be capitalized by Temasek, a source familiar with the matter told Reuters. "Manish is doing his own thing," the source said. Kejriwal, the son-in-law of Rahul Bajaj, chairman of Bajaj Auto Ltd , is ...

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