Latest News on Gic
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Gic - Total results - 25
May 29, 2019
Bharti Telecom stake in Airtel comes down to 41.24% after renouncement of shares, rights issueBharti Telecom shareholding dropped to Rs 200.28 crore in May disclosure by Bharti Airtel.
May 28, 2019
DLF transfers Rs 330 cr land to joint venture with Singapore sovereign wealth fund GIC for settlement of duesRealty 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
May 27, 2019
DLF cuts net debt by 38% in Q4 to Rs 4,483 crore with help of funds raised from selling sharesAccording 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".
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