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GIC Singapore to invest $50 million in Paper Boat maker

Finance

25 August, 2022

GIC Singapore to invest $50 million in Paper Boat maker

Hector Beverages Pvt. Ltd, the maker of Paper Boat beverages and packaged foods, has passed a special resolution to raise ......

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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 ......

Grapevine: TPG, KKR front runners for Piramal pharma stake; IndusInd in funding talks

General

07 April, 2020

Grapevine: TPG, KKR front runners for Piramal pharma stake; IndusInd in funding talks

US-based private equity giants TPG Capital and KKR & Co. Inc. are running ahead in the race to acquire a ......

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Singapore's GIC grabs more shares off Indian supermarket's shelves

Consumer

11 February, 2020

Singapore's GIC grabs more shares off Indian supermarket's shelves

Singapore sovereign wealth fund GIC Pte. Ltd has increased its stake in a supermarket chain nearly three years after its ......

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GIC looks to exit retail asset in Thane

Infrastructure

05 December, 2019

GIC looks to exit retail asset in Thane

Singapore’s sovereign wealth fund GIC Pte. Ltd is looking to sell its entire around 50% stake in a Thane retail ......

RBI restricts GIC-backed Bandhan Bank from opening new branches, caps CEO pay

Finance

28 September, 2018

RBI restricts GIC-backed Bandhan Bank from opening new branches, caps CEO pay

The Reserve Bank of India has barred Bandhan Bank from opening new branches without its prior approval after the private-sector ......

CPPIB, GIC eye Baring's stake in RMZ; Warburg Pincus may buy into CAMS

General

18 December, 2017

CPPIB, GIC eye Baring's stake in RMZ; Warburg Pincus may buy into CAMS

Canada Pension Plan Investment Board (CPPIB) and Singapore sovereign wealth fund GIC Pte Ltd are separately in talks to acquire ......

KKR, others eye Bharti, Indus towers; TPG looks to sell Vishal Mega Mart

General

11 October, 2017

KKR, others eye Bharti, Indus towers; TPG looks to sell Vishal Mega Mart

Telecommunication tower infrastructure companies Bharti Infratel Ltd and Indus Towers Ltd are on the radar of a consortium of funds ......