Temasek logs benchmark returns in latest partial exit from India

Singapore government-owned investment firm Temasek has partially exited its almost two-year-old investment in a Mumbai-based public-listed developer, it is learnt.The firm sold a quarter of its 3.6% stake in Oberoi Realty for Rs 130 crore, clocking an internal rate of return (IRR) of around 22-25%. Private equity firms typically chase ......