Temasek Holdings

Dubai's DP World moves court seeking to quash antitrust probe over JNPT; terms CCI order for investigation as arbitrary

In a filing in the Mumbai High Court last week, the DP World unit Nhava Sheva International Container Terminal said the CCI's decision to order an investigation was "arbitrary" and "capricious".

CCI to probe alleged antitrust behaviour by Maersk, DP World at Mumbai port; Singapore's PSA International lodges complaint

Units of Maersk, DP World and PSA operate four of the port’s five terminals, with the fifth owned by the government

Ola in talks with Naspers for fresh funding; cab-hailing major may see its valuation go up to $7-8 billion

Ola is also in talks with Singapore's Temasek Holdings Pvt. Ltd and two other funds to raise $1 billion capital

Online education start-up Byju's in talks with private equity firms to raise around $200-300 million

The deal, expected to close within the next few weeks, will value Byju’s at $2.2-2.4 billion if the talks are successful

Temasek's venture capital arm Vertex Ventures raises $210 million fund for India and Southeast Asia investment

The new fund is Vertex’s first with external investors. Vertex’s previous two funds for southeast Asia were fully funded by Temasek Holdings.

Alibaba logistics arm expects funds to last 18 months; will raise more money

Cainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group Holding Ltd, will hold another round of fundraising but it is hoping that money raised in March will be sufficient for a year to 18 months.

Singtel to acquire 7.4% stake in Bharti Telecom, to pump in $1.8 bn in mobile cos

Singtel has built a portfolio of stakes in regional mobile associates as it hunts for growth outside its small and mature home market of Singapore

First blockchain innovation centre in Singapore by IBM

IBM plans to open a blockchain innovation center in Singapore in collaboration with the government, as the city-state strives to become Asia's main financial technology hub.

Crompton Greaves to sell consumer electrical unit to Advent and Temasek

Crompton Greaves has proposed to divest its entire stake in consumer electricals unit for Rs 2000 crore to a special purpose vehicle managed by Advent International Corp and a unit of Singapore's Temasek Holdings, the company said in a statement on Friday.

Accel launches $305 million Indian start-up fund

Accel Partners, the venture capital firm that has backed the likes of Facebook and Flipkart, is launching a $305 million India-focused fund to capitalise on the country's favourable conditions for start-ups.