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How GIC and Temasek’s bets on the cream of India Inc panned out

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How GIC and Temasek’s bets on the cream of India Inc panned out
Credit: Thinkstock

When Singapore sovereign wealth fund GIC Pte Ltd inked an initial pact in March to buy a 40% stake in debt-laden developer DLF Ltd’s rental arm, it underpinned its core strategy—persist through good times and bad to generate long-term wealth. But it also marked a departure from the broader trend ......

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