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Axis Bank raises $1.76 bn via share sale to GIC, others; Bain Capital sits out

Finance

26 September, 2019

Axis Bank raises $1.76 bn via share sale to GIC, others; Bain Capital sits out

Axis Bank, India's third-largest private-sector lender, has raised Rs 12,500 crore ($1.76 billion) by selling shares to institutional investors including ......

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Realty Scan: Decoding Brookfield's ‘Go Big, Go Solo' mantra to grow in India

Infrastructure

20 September, 2019

Realty Scan: Decoding Brookfield's ‘Go Big, Go Solo' mantra to grow in India

It was in the middle of December 2011 that Canadian investment firm Brookfield Asset Management Inc. took a baby step ......

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Can GIC-controlled Greenko keep up the pace as M&A activity slows?

Infrastructure

16 August, 2019

Can GIC-controlled Greenko keep up the pace as M&A activity slows?

Over the past month, renewable energy company Greenko Group has raised $1.3 billion via bond sales. And over the past ......

GIC to invest $621 mn in IRB Infrastructure's roads business

Infrastructure

06 August, 2019

GIC to invest $621 mn in IRB Infrastructure's roads business

Singapore sovereign wealth fund GIC will invest up to Rs 4,400 crore ($621 million) in the roads business of IRB ......

Grapevine: Tata Realty may sell roads biz to GIC; Temasek to exit Assetz Park

General

22 July, 2019

Grapevine: Tata Realty may sell roads biz to GIC; Temasek to exit Assetz Park

Tata Realty and Infrastructure, a wholly-owned unit of Tata Sons, is in preliminary talks with Singaporean sovereign fund GIC to ......

Grapevine: GIC may buy into Taj GVK; First Degree to snap up two Essel financial firms

General

18 July, 2019

Grapevine: GIC may buy into Taj GVK; First Degree to snap up two Essel financial firms

Singapore sovereign wealth fund GIC is in preliminary talks with GVK Group promoters to acquire their stake in Taj GVK ......

Greenko Energy raises $329 mn more from GIC, ADIA

Infrastructure

15 July, 2019

Greenko Energy raises $329 mn more from GIC, ADIA

Renewable energy major Greenko Energy Holdings has raised an additional $329 million (Rs 2,255 crore) from existing investors GIC and ......

Temasek looks to step up India investment pace

Finance

11 July, 2019

Temasek looks to step up India investment pace

Singapore state investor Temasek Holdings plans to enhance its exposure to India in coming years, as it seeks to tap ......

Temasek returns outlook grim as portfolio growth slows

Finance

09 July, 2019

Temasek returns outlook grim as portfolio growth slows

Singapore's Temasek Holdings posted the smallest rise in its portfolio in three years as key bank stock holdings declined in ......

Sovereign wealth funds shun Europe for Asia, emerging markets

Finance

09 July, 2019

Sovereign wealth funds shun Europe for Asia, emerging markets

Nearly three times as many sovereign investors plan to raise exposure to emerging markets rather than Europe this year as ......