Gic

Showing of 1 - 20 from 26 results
Gic - Total results - 26
DLF settles entire Rs 8,700 cr amount payable to joint venture with Singapore-based GIC
Business

DLF settles entire Rs 8,700 cr amount payable to joint venture with Singapore-based GIC

DLF holds a 67 percent stake in DCCDL, while Singapore's sovereign wealth fund GIC holds 33 percent

Bharti Telecom stake in Airtel comes down to 41.24% after renouncement of shares, rights issue
Business

Bharti Telecom stake in Airtel comes down to 41.24% after renouncement of shares, rights issue

Bharti Telecom shareholding dropped to Rs 200.28 crore in May disclosure by Bharti Airtel.

DLF transfers Rs 330 cr land to joint venture with Singapore sovereign wealth fund GIC for settlement of dues
Business

DLF transfers Rs 330 cr land to joint venture with Singapore sovereign wealth fund GIC for settlement of dues

Realty major DLF has transferred a three-acre land worth Rs 330 crore in Gurugram to its joint venture with Singapore sovereign wealth fund GIC and is in process to hand over a Noida shopping mall to settle dues

DLF cuts net debt by 38% in Q4 to Rs 4,483 crore with help of funds raised from selling shares
Business

DLF cuts net debt by 38% in Q4 to Rs 4,483 crore with help of funds raised from selling shares

According to an investors presentation, DLF's net debt has come down "from Rs 7,224 crore in Q3 of FY19 to Rs 4,483 crore in Q4 of FY19".

Tata Group's hospitality arm IHCL ties up with Singapore's GIC to invest Rs 4,000 cr in hotel acquisitions
Business

Tata Group's hospitality arm IHCL ties up with Singapore's GIC to invest Rs 4,000 cr in hotel acquisitions

Tata 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

Investors convinced of 'certainty of investment returns' in real estate as positive policies result in transparencies: Experts
Business

Investors convinced of 'certainty of investment returns' in real estate as positive policies result in transparencies: Experts

Over 80 percent of the real estate industry has consolidated, shaken by the positive but disruptive policies such as RERA and GST, according to Goel.

DLF to raise Rs 3,200 crore via QIP in a bid to become debt-free; issue subscribed two times
Business

DLF to raise Rs 3,200 crore via QIP in a bid to become debt-free; issue subscribed two times

DLF launched its qualified institutional placement (QIP) offering up to 17.3 crore shares to investors

DLF launches QIP to raise over Rs 3,000 cr with an aim to become debt-free company; shares down 3.49%
Business

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.

Bharti Airtel promoters, GIC to subscribe half of Rs 32,000 cr rights issue in a bid to infuse funds in company
Business

Bharti Airtel promoters, GIC to subscribe half of Rs 32,000 cr rights issue in a bid to infuse funds in company

Promoters 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

LIC, GIC show interest in buying debt-laden Air India's 23-storeyed building in Mumbai
Business

LIC, GIC show interest in buying debt-laden Air India's 23-storeyed building in Mumbai

The 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.

DLF Q2 profit jumps 26-fold to Rs 375 cr; Company to form joint venture with Hines' fund for commercial project
Business

DLF Q2 profit jumps 26-fold to Rs 375 cr; Company to form joint venture with Hines' fund for commercial project

The 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

Singapore's sovereign wealth fund GIC buys minority stake in Mumbai realty firm Provenance Land
Business

Singapore's sovereign wealth fund GIC buys minority stake in Mumbai realty firm Provenance Land

Provenance 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

DLF to settle Rs 8,500 cr payable to joint venture with Singapore's sovereign wealth fund GIC by 2020
Business

DLF to settle Rs 8,500 cr payable to joint venture with Singapore's sovereign wealth fund GIC by 2020

In the joint venture firm DLF Cyber City Developers Ltd (DCCDL), DLF has 66.66 percent stake while GIC has 33.34 percent shareholding.

DLF promoters conclude Rs 9,000-cr deal with Singapore's sovereign wealth fund GIC
Business

DLF promoters conclude Rs 9,000-cr deal with Singapore's sovereign wealth fund GIC

Realty 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

Anil Ambani-led Reliance General Insurance files draft papers for IPO
Business

Anil Ambani-led Reliance General Insurance files draft papers for IPO

Reliance General Insurance, which received in-principle approval from insurance sector regulator IRDAI last month for the IPO, expects to get listed in the current financial year.

Four Seasons owner Provenance Land may sell up to 50% stake to global investment cos
Business

Four Seasons owner Provenance Land may sell up to 50% stake to global investment cos

Brookfield Asset Management and GIC of Singapore are vying to buy 50 percent stake in Provenance Land

Sandeep Aggarwal, Co-founder of ShopClues accuses his wife for pushing him out
News & Analysis

Sandeep Aggarwal, Co-founder of ShopClues accuses his wife for pushing him out

ShopClues' Co-founder, Sandeep Aggarwal took to Facebook yesterday accusing his wife and co-founder Radhika Aggarwal of pushing him out of the company.

American Tower Corp close to buying 51% stake in Viom Networks
Business

American Tower Corp close to buying 51% stake in Viom Networks

Media reports suggest the transaction could be worth as much as Rs 20,000 crore, including debt

GIC's fund expansion drive: To inject Rs 1,900 cr in a JV with DLF
Business

GIC's fund expansion drive: To inject Rs 1,900 cr in a JV with DLF

GIC has already infused funds in Bandhan Financial Services and taxi-hailing company Ola

China's Li Ning to team up with Xiaomi to produce 'smart' running shoes
News & Analysis

China's Li Ning to team up with Xiaomi to produce 'smart' running shoes

China's Li Ning is teaming up with Chinese smartphone maker Xiaomi to produce a new generation of "smart" running shoes this year, in the sports brand's latest effort to revive its waning fortunes.