GIC
Manufacturing
GIC, BlackRock snap up Hyundai India shares in record $3.3 bn IPO
Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a ......
General
Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO
Ola Consumer has sought approval from its investors to change its registration to a public one, The Arc reported. This could mark ......
General
Grapevine: GIC plans to offload stake in Greenko; PhysicsWallah hires i-banks for IPO
Singapore's sovereign wealth fund GIC is evaluating the sale of its 50% stake in Indian renewables player Greenko Energy Holdings, ......
Consumer
GIC, Asiya Capital-backed company that runs Marriott, Hyatt hotels strikes M&A
A Gurugram, Haryana-based company that manages hotels under the Marriott, Sheraton, and Hyatt brands has struck a deal to acquire ......
TMT
Cred narrows FY24 loss by reining in marketing expense, revenue jumps 66%
Serial entrepreneur Kunal Shah’s fintech startup Cred managed to narrow its operating loss to Rs 609 crore in the financial ......
Manufacturing
GIC-backed AM Green to buy Finnish firm Chempolis, Fortum's Bio2X
Indian energy transition firm AM Green has inked separate deals to acquire Finnish biorefining company Chempolis Oy and its green ......
General
Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO
Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa outsourcing firm at ......
General
Grapevine: Haldiram's stake sale hits stalemate; French firm checks into New Shop
The process for stake sale in Haldiram Snacks Food Pvt Ltd has stalled again due to disagreements over pricing and ......
Finance
Bajaj Housing Finance's $782 mn IPO oversubscribed in busy week for Indian floats
Bajaj Housing Finance's $782 million public offer was oversubscribed nearly twice on the first day of bidding on Monday, kicking off ......
Infrastructure
Brookfield adds India office park owner to real estate portfolio
Brookfield Asset Management Inc has picked up a minority stake in an Indian developer, as the Canadian alternative investment firm ......