GIC
Finance
Sovereign wealth funds move mainstream, make fewer contrarian bets
Sovereign wealth funds' investment moves are becoming more closely aligned with the global asset management industry as they mature, and ......
Infrastructure
KKR, GIC-backed IndiGrid to buy power transmission asset from sponsor Sterlite
India’s first power transmission infrastructure trust IndiGrid said it has agreed to acquire from its sponsor Sterlite Power Grid Ventures ......
General
Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects
Nirma Group’s cement division has emerged as the front runner for Emami Group’s nine million tonne per year cement business ......
Infrastructure
GMR tweaks airport deal with Tatas, GIC, SSG Capital
GMR Infrastructure Ltd said on Thursday it will sell more stake than earlier planned in its airports arm to Tata ......
Finance
Canara Bank calls off plan to sell housing finance arm yet again
Canara Bank said on Tuesday it has scrapped a plan to sell its entire stake in housing finance arm Can ......
Finance
PE/VC exit returns in 2019 a tad below par but match top-performing mutual funds
A handful of private equity and venture capital firms in India may have struck gold by fully exiting their investments ......
Infrastructure
GIC, ADIA-backed Greenko set to buy stake in large hydro project
Greenko Group, India’s most-funded renewable energy company, is set to acquire a stake in a large hydropower project that was ......
General
Grapevine: Great Wall Motors may buy GM facility; PE firms keen on Airtel
Great Wall Motors, China’s largest SUV maker, is close to acquiring General Motors’ (GM) manufacturing facility in Maharashtra for up ......
Finance
Axis Bank elevates Talgeri to chief risk officer, ropes in AIA exec
India's third-largest private sector lender Axis Bank has strengthened its senior management through appointments of key personnel in two strategic ......
Finance
Flashback 2019: Brookfield strikes a double in this year's top PE deals
Canada’s Brookfield Asset Management Inc. led private equity-style dealmaking to a record this year, with the infrastructure sector emerging as ......