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GIC ups stake in lender with single-biggest India cheque of 2020

Finance

17 August, 2020

GIC ups stake in lender with single-biggest India cheque of 2020

Singapore sovereign wealth fund GIC has made its single-largest investment of 2020 in India thus far as it increased its ......

GIC flags lower returns from weak growth, cautious on markets

Finance

28 July, 2020

GIC flags lower returns from weak growth, cautious on markets

The long-term returns of Singapore sovereign wealth fund GIC have dropped within a whisker of a record low struck during ......

Largest sovereign funds suffer $67 bn paper loss from stock market rout

Finance

20 April, 2020

Largest sovereign funds suffer $67 bn paper loss from stock market rout

The world's largest sovereign wealth funds have made around $67 billion in losses so far this year as the fallout ......

Norway's wealth fund lost $114 bn in Q1 as stocks crash

Finance

02 April, 2020

Norway's wealth fund lost $114 bn in Q1 as stocks crash

Norway's $930 billion sovereign wealth fund, the world's largest, lost 1.17 trillion Norwegian crowns ($114 billion) in the first quarter ......

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Pension funds to get tax benefit for India infra investments

Infrastructure

25 March, 2020

Pension funds to get tax benefit for India infra investments

The Indian government has decided to offer tax benefits to global pension funds on their investments in the infrastructure sector ......

Norway wealth fund to push firms for more non-financial data

Finance

04 March, 2020

Norway wealth fund to push firms for more non-financial data

Norway's wealth fund will this year push the 9,200 firms it invests in to provide more and better data about ......

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Why Temasek may miss out on India tax sops but GIC can reap a harvest

Finance

04 March, 2020

Why Temasek may miss out on India tax sops but GIC can reap a harvest

In the union budget this year, finance minister Nirmala Sitharaman laid out the red carpet for a section of foreign ......

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Carlyle-backed SBI Cards gets more PE, sovereign funds as investors ahead of IPO

Finance

29 February, 2020

Carlyle-backed SBI Cards gets more PE, sovereign funds as investors ahead of IPO

SBI Cards & Payment Services Ltd, which counts US private equity major Carlyle Group as its backer, has raised Rs ......

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MK Sinha quits Global Infrastructure Partners

Finance

14 February, 2020

MK Sinha quits Global Infrastructure Partners

MK Sinha, who became the India co-head of Global Infrastructure Partners after it acquired homegrown private equity firm IDFC Alternatives ......

Budget 2020: ADIA, other sovereign wealth funds get a helping hand for infra bets

Infrastructure

01 February, 2020

Budget 2020: ADIA, other sovereign wealth funds get a helping hand for infra bets

Abu Dhabi Investment Authority and other sovereign wealth funds looking to invest in India’s infrastructure sector will receive tax sops, ......