GIC
General
Grapevine: GIC, Carlyle among front runners for SBI General; Brookfield eyes Suzlon
Singapore sovereign wealth fund GIC and five private equity firms have been shortlisted to buy a 26% stake in SBI ......
Finance
India becomes investment darling for sovereign wealth and pension funds
Sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, ......
General
Grapevine: Snapdeal-ShopClues deal may fall through; JSW eyes stressed power plants
Online retailer Snapdeal is unlikely to acquire ShopClues after a due diligence process revealed that the smaller rival had significant ......
Finance
Canara Bank revives plan to sell stake in housing finance arm
State-run Canara Bank said on Tuesday it has revived efforts to sell a stake in its home finance subsidiary, more ......
Infrastructure
South Korean firm leads race to buy prime Mumbai office property
A South Korean company is in an advanced stage of discussion to buy a prime property in Mumbai’s Bandra-Kurla Complex ......
General
Grapevine: GIC, 5 PE firms in race for CitiusTech; Goldman, SSG eye stressed assets
Singapore sovereign wealth fund GIC Pte. Ltd and five private equity firms have entered a second round of negotiations to ......
General
Greenko gets $495 mn from GIC, ADIA; KKR-backed Avendus in race for IDBI Mutual Fund
Singapore sovereign wealth fund GIC and the Abu Dhabi Investment Authority (ADIA) are making an equity investment of $495 million ......
Investor Bulletin
Podcast: Consolidation in radio industry; WestBridge, GIC log exits
This edition of VCCircle's weekly podcast, Investor Bulletin, covers the appointment of Nirmala Sitharaman as India’s new finance minister and ......
TMT
Bain, GIC pull out principal from $1 bn Genpact bet with another partial exit
Private equity firm Bain Capital and Singapore sovereign wealth fund GIC Pte Ltd are partially exiting Genpact Ltd in a ......
Finance
Sovereign wealth funds favour unlisted tech companies as private market surges
Sovereign wealth funds invested more than $3 billion in unlisted technology companies in 2018, the highest level in three years, ......
