Latest News on Gic
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Gic - Total results - 22
May 17, 2019
Tata Group's hospitality arm IHCL ties up with Singapore's GIC to invest Rs 4,000 cr in hotel acquisitionsTata Group's hospitality arm IHCL on Friday said it has tied up with Singapore's sovereign wealth fund GIC to invest Rs 4,000 crore to acquire hotels
Apr 02, 2019
Investors convinced of 'certainty of investment returns' in real estate as positive policies result in transparencies: ExpertsOver 80 percent of the real estate industry has consolidated, shaken by the positive but disruptive policies such as RERA and GST, according to Goel.
Mar 27, 2019
DLF to raise Rs 3,200 crore via QIP in a bid to become debt-free; issue subscribed two timesDLF launched its qualified institutional placement (QIP) offering up to 17.3 crore shares to investors
Mar 25, 2019
DLF launches QIP to raise over Rs 3,000 cr with an aim to become debt-free company; shares down 3.49%According to a regulatory filing, DLF has launched its QIP on Monday and the floor price has been fixed at Rs 193.01 per equity share.
Mar 07, 2019
Bharti Airtel promoters, GIC to subscribe half of Rs 32,000 cr rights issue in a bid to infuse funds in companyPromoters of Bharti Airtel along with Singapore government's investment arm GIC Private Ltd will subscribe to over half of the proposed Rs 32,000 crore rights issue in a bid to infuse funds in the company
Dec 07, 2018
LIC, GIC show interest in buying debt-laden Air India's 23-storeyed building in MumbaiThe government had in June started discussions for sale of the iconic tower to Jawahar Lal Nehru Port Trust (JNPT) as part of Air India's asset monetisation plans. It also came after the government's efforts to partially privatise Air India failed to take off.
Nov 02, 2018
DLF Q2 profit jumps 26-fold to Rs 375 cr; Company to form joint venture with Hines' fund for commercial projectThe board, at its meeting held Thursday, evaluated the company's proposal to transfer properties worth Rs 6,500 crore to DLF Cyber City Developers Ltd (DCCDL) to settle its dues
Aug 22, 2018
Singapore's sovereign wealth fund GIC buys minority stake in Mumbai realty firm Provenance LandProvenance Land, which first introduced the Four Seasons brand in India, owns a mixed-use development project spread over four acres of prime freehold land in Worli, central Mumbai
Aug 21, 2018
DLF to settle Rs 8,500 cr payable to joint venture with Singapore's sovereign wealth fund GIC by 2020In the joint venture firm DLF Cyber City Developers Ltd (DCCDL), DLF has 66.66 percent stake while GIC has 33.34 percent shareholding.
Dec 27, 2017
DLF promoters conclude Rs 9,000-cr deal with Singapore's sovereign wealth fund GICRealty major DLF's promoters have concluded the sale of 33.34 percent stake in rental arm to Singapore's sovereign wealth fund GIC for nearly Rs 9,000 crore