GIC

Bandhan consortium to acquire IDFC AMC for Rs 4,500 crore

The deal is subject to receipt of necessary regulatory approvals and customary closing conditions. 

Apr 06, 2022, 23:17 PM IST

Dubai World Expo 2021-22: ‘Global India Collaborative’ to help in making India $5 trillion economy, says Santosh Mangal

GIC global president stated that GIC would establish regional chapters in the United Kingdom, the United States, and Singapore in the following months.

Mar 29, 2022, 23:02 PM IST

GMR Infra sells $1.16 billion stake in airports arm to Tata, GIC, SSG

After the deal, the company`s net debt will fall to 120 billion rupees, from 200 billion rupees in December 2018, while GMR Airports` debt will halve to 10 billion rupees.

Mar 27, 2019, 16:52 PM IST

Singtel, promoters, GIC commit to participate in Bharti Airtel Rs 32K cr fund raise

Singapore telecom major SingTel said it will infuse Rs 3,750 crore in Bharti Airtel by subscribing to the proposed Rs 25,000 crore rights issue of the company.

Mar 08, 2019, 10:39 AM IST

Bharti Airtel promoters, GIC to subscribe half of Rs 32K cr rights issue

GIC has confirmed to subscribe to this renounced entitlement on behalf of Government of Singapore and Monetary Authority of Singapore.

Mar 07, 2019, 15:45 PM IST

DLF board meet on August 25 to decide on Rs 13,000 crore GIC deal

India's largest realty firm DLF will hold a board meeting on Friday to decide on promoters' proposed sale of 40 per cent stake in rental arm to investment firm GIC in a deal estimated at around Rs 13,000 crore.

Aug 23, 2017, 15:08 PM IST

DLF promoters, GIC set to sign Rs 13,000 crore deal

Realty major DLF's promoters are likely to enter into an agreement with Singapore's sovereign wealth fund GIC in the next few weeks to sell their 40 percent stake in rental business for an estimated Rs 13,000 crore.

May 27, 2017, 21:01 PM IST

DLF promoters to sell 40% stake in rental arm to GIC

Real estate major DLF's promoters will enter into an exclusive pact with Singapore's GIC to sell their 40 percent stake in the company's rental arm, DCCDL Ltd, for an estimated amount of up to Rs 13,000 crore.

Mar 01, 2017, 19:54 PM IST

DLF's rental arm stake sale by Sep, may fetch Rs 12,000 crore

Realty major DLF's promoters are likely to sell 40 percent stake in its rental arm by September, a deal estimated to fetch around Rs 12,000 crore.

Jul 31, 2016, 17:23 PM IST

DLF gets CCI approval for Rs 1,990-cr deal with GIC

India's largest realty firm DLF Monday said it has got fair trade regulator CCI's approval for the joint venture with Singapore's sovereign wealth fund GIC, which is investing Rs 1,990 crore in two projects here.

Nov 16, 2015, 15:52 PM IST

DLF enters into JV with Singapore's GIC

DLF further said: "GIC will invest a sum of approximately Rs 1,990 crore. The JV is expected to benefit from GIC's experience of investing in integrated developments across the globe."

Sep 02, 2015, 10:54 AM IST

DLF to raise about Rs 3000 cr via private equity; in talks with GIC

Realty major DLF is likely to raise about Rs 2,500-3,000 crore by next month via private equity and is in talks with Singapore government's investment arm GIC to sell stake in a new housing project here.

Jul 14, 2015, 21:40 PM IST

Xiaomi to raise over $1 bn from investors including GIC 

China`s Xiaomi is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.

Dec 22, 2014, 11:16 AM IST