GIC
Infrastructure
Policy Tracker: How Modi govt's housing push, other moves shook up real estate sector
Prime Minister Narendra Modi’s November 2016 decision to demonetise 86% of the currency in circulation brought large parts of the ......
Finance
GIC elevates Arjun Gupta, Prakash Kannan in global rejig
Singapore sovereign wealth fund GIC Pte Ltd has elevated a number of executives, including Arjun Gupta and Prakash Kannan, to ......
General
Alok Sama to step down from SoftBank; KKR, GIC to pare stake in HDFC
SoftBank Group International’s Alok Sama is stepping down from his position as the firm’s president and chief financial officer after ......
Infrastructure
Why GMR Airports' original PE backers may lose out a tad in latest deal
In December 2015, GMR Infrastructure Ltd agreed to buy back the stake of private equity investors in its airports unit. ......
Infrastructure
Tatas enter airport sector, join GIC & SSG Capital to bet $1.15 bn on GMR Airports
Tata Group has entered India's airports sector as it joined Singapore sovereign wealth fund GIC and stressed assets investor SSG ......
Finance
GIC, Temasek lead sovereign funds' record venture capital bets in 2018
Sovereign wealth funds invested a record amount in venture capital last year, a report said on Thursday, as they seek ......
Finance
PE-backed private lender leads race to buy InCred's home finance unit
A private-sector lender has emerged as the front-runner to acquire the housing finance unit of InCred Finance, three people familiar ......
Infrastructure
DLF, Hines form joint venture for $275 mn commercial project
Indian developer DLF Ltd has formed a joint venture with US-based property investment firm Hines for constructing a high-end commercial ......
TMT
GIC to pick up Bharti Airtel stake in third-biggest India investment
Singapore sovereign wealth fund GIC Pte. Ltd will invest Rs 5,000 crore ($700 million) in Bharti Airtel Ltd, marking its ......
Finance
Shriram Transport to raise $200 mn via asset securitisation deal with IFC
Non-bank lender Shriram Transport Finance Company Ltd is raising $200 million (Rs 1,420 crore) from International Finance Corporation and other ......