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Reliance Retail in negotiation with Gulf, Singapore funds on $1.5 billion injection

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According to reports, Singapore's GIC, Abu Dhabi Investment Authority (ADIA), and Saudi Arabia's Public Investment Fund (PIF) are all aiming to invest at least $500 million each.

• 14 September, 2023
• 9:30 AM
• less than a minute

Ather raises Rs 900 crore from Singapore's GIC and Hero MotoCorp

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Ather Energy cofounder and CEO Tarun Mehta remarked, "There was strong support for the rights offering, and we are extremely glad to witness the confidence demonstrated by shareholders.

• 07 September, 2023
• 10:36 AM
• less than a minute

Kotak Mahindra Bank arm raises $1.25 billion for 2nd special situations fund

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The backers of first fund, Abu Dhabi Investment Authority, Singapore's GIC and family office Premji Invest have committed to invest in the second fund also.

• 29 March, 2023
• 1:43 PM
• less than a minute

DLF to unveil housing project in Gurugram with sale potential of Rs7,500 crore

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In financial year 2022, DLF has rolled out its residential projects in Delhi, Gurugram, Panchkula, and Chennai.

• 27 January, 2023
• 2:58 PM
• less than a minute

Stock prices of New India Assurance and General Insurance shoot up

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Shares of NIA Company (up 30% in the past one month) and GIC Re (up by 18%) beat the S&P BSE Sensex, which gained less than 2% over the course of the preceding month

• 14 December, 2022
• 1:07 PM
• less than a minute

GIC Housing Finance to raise funding through issuance of commercial papers

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According to news reports, the housing finance company would give a yield of 7.40% on this offering and has already received commitments totalling about $12.23 million.

• 06 December, 2022
• 8:51 AM
• less than a minute

GIC to invest Rs1,045 crore in IRB Infra's Ganga-Expressway road project

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First tranche of equity investment of Rs533.20 crore now completed by Ganga Expressway.

• 20 October, 2022
• 9:18 AM
• less than a minute

Euler Motors raises $60 million in funding

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The money will be used by Euler to expand its production and supply chain infrastructure, speed up product development, and hire more people for vital positions within the company

• 06 October, 2022
• 7:10 AM
• less than a minute

CCI approves Caladium's acquisition of a 7.49% stake in Aditya Birla Fashion and Retail

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The antitrust watchdog said in a statement that it has approved Caladium Investment Ltd.’s roughly 7.49% stake in Aditya Birla Fashion and Retail Limited on a fully diluted basis through the preferential issue of shares and warrants.

• 01 September, 2022
• 7:52 AM
• less than a minute

GIC Housing Finance would issue bonds to generate up to Rs2,500 crore

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The upcoming annual general meeting will be held on September 23, 2022, and the housing financier will ask its shareholders for approval of the capital raise plan at that time.

• 26 August, 2022
• 8:27 AM
• less than a minute