DLF enters into JV with Singapore's GIC

Last Updated: Wednesday, September 2, 2015, 10:54

DLF further said: "GIC will invest a sum of approximately Rs 1,990 crore. The JV is expected to benefit from GIC's experience of investing in integrated developments across the globe."

DLF to raise about Rs 3000 cr via private equity; in talks with GIC

Last Updated: Tuesday, July 14, 2015, 21:40

Realty major DLF is likely to raise about Rs 2,500-3,000 crore by next month via private equity and is in talks with Singapore government's investment arm GIC to sell stake in a new housing project here.

Interviews for GIC Re, National Insurance CMDs on Wednesday

Last Updated: Monday, July 13, 2015, 21:54

The Finance Ministry has invited eight senior officials from state-owned general insurers for interview to fill up the two CMD posts in GIC Re and National Insurance Company (NIC) in the national capital on July 15.

GIC Singapore scouts for more opportunities in West Bengal

Last Updated: Sunday, June 14, 2015, 11:35

GIC Singapore, the sovereign wealth fund of the island nation, is trying to scout for more opportunities in West Bengal.

GIC Re FY15 net jumps 20% to Rs 2,694 crore

Last Updated: Saturday, May 30, 2015, 21:30

Backed by better investment income, a dip in claims and lower forex losses, reinsurer GIC Re on Saturday reported a 20 percent rise in net profit to Rs 2,693.72 crore in 2014-15 from Rs 2252.66 crore a year ago.

Singapore's GIC to invest $165 mn in bank permit winner Bandhan

Last Updated: Tuesday, January 20, 2015, 11:08

Bandhan and IDFC were the only two companies which won bank permits from the Reserve Bank of India last year in what was the first bank licensing process in a decade.

Xiaomi to raise over $1 bn from investors including GIC

Last Updated: Monday, December 22, 2014, 11:16

China`s Xiaomi is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.

Singapore's Ascendas, GIC to invest in India property

Last Updated: Tuesday, November 19, 2013, 11:00

Singapore sovereign wealth fund GIC Pte Ltd is a principal investor in the programme.

GIC makes Rs 2345 cr profit in FY13, eyes tie-up with Lloyd's

Last Updated: Monday, May 27, 2013, 21:32

State-run General Insurance Corporation (GIC) has reported Rs 2,345 crore net profit in FY13 and has chalked out ambitious expansion plans, including a partnership with Lloyd's of London.

Singapore's Heliconia to buy 2.6% in Kotak Bank for Rs1,296 crore

Last Updated: Friday, April 12, 2013, 13:42

Private sector Kotak Mahindra Bank on Friday said Singapore's Heliconia Pte Ltd will buy 2.6 percent stake in the bank for Rs 1,296 crore.

GIC of Singapore picks up NTPC shares worth Rs 1,000 crore

Last Updated: Friday, February 8, 2013, 15:48

Sovereign wealth fund GIC of Singapore has cornered shares worth Rs 1,000 crore in NTPC divestment in which foreign funds bought almost 45 percent of shares put on sale.