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GIC sits on 1.2X gains from listed mortgage company

Finance

15 March, 2021

GIC sits on 1.2X gains from listed mortgage company

Singapore sovereign wealth fund GIC has offloaded additional stake from its four-year-old investment in Mumbai-listed housing finance company, taking home ......

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GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Finance

06 May, 2020

GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services and insurance ......

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Canara Bank hires head for housing finance unit from Tata Capital

Finance

20 August, 2019

Canara Bank hires head for housing finance unit from Tata Capital

State-run Canara Bank has hired a new chief for Can Fin Homes Ltd amid revived efforts to sell a stake in ......

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Apax bets on another Indian home finance company

Finance

17 August, 2018

Apax bets on another Indian home finance company

Global private equity firm Apax Partners, which had gone slow for two years in striking deals in the country but ......

IHH Healthcare seeks control of Medanta; HDFC, Baring eye Can Fin Homes

General

20 March, 2018

IHH Healthcare seeks control of Medanta; HDFC, Baring eye Can Fin Homes

IHH Healthcare Berhad, majority-owned by Malaysian sovereign wealth fund Khazanah Nasional Berhad, has placed a bid to buy a controlling ......

Vodafone may exit Indus Towers; HDFC eyes control of GIC-backed Can Fin Homes

General

07 February, 2018

Vodafone may exit Indus Towers; HDFC eyes control of GIC-backed Can Fin Homes

Telecom major Vodafone is in advanced talks to sell its 42% stake in Indus Towers Ltd to tower infrastructure firm ......

PE firms seek stake in Can Fin Homes; Drugmakers eye Sanofi's EU generics biz

General

11 January, 2018

PE firms seek stake in Can Fin Homes; Drugmakers eye Sanofi's EU generics biz

Private equity firms TPG Capital, Bain Capital and Baring Private Equity Asia are in preliminary discussions with public sector lender ......