GIC Affiliates, Singapore Sovereign Fund invest Rs 119 crore in IRB Infrastructure TrustIRB Infra invested Rs 124 crore corresponding to its 51% share holding and GIC Affiliates, Singapore Sovereign Fund invested Rs 119 crore f...
22 Apr, 2022, 01.57 PM IST
IRB Infrastructure Developers completes Rs 381.63 crore fundraisingIRB Infrastructure Trust, the private InvIT sponsored by IRB Infrastructure Developers and the GIC Affiliates, Singapore-based sovereign fu...
28 Jul, 2021, 12.19 AM IST
KKR's India InvIT buys FRV Solar assets in APIndia Grid Trust has signed a purchase agreement for acquisition of 100% in FRV Andhra Pradesh Solar Farm-I & FRV India Solar Park II – fro...
19 Dec, 2020, 01.37 PM IST
IndiGrid acquires one transmission asset, eye three more assets in FY21: CEOThe asset acquired by India Grid Trust (IndiGrid), Gurgaon Palwal Transmission (GPTL) project, is a part of the framework agreement between...
31 Aug, 2020, 10.26 PM IST
Private equity firm KKR withdraws intention to sponsor India Grid TrustAccording to the deal terms, KKR affiliate Esoteric II Pte got 23% units of the trust with an option to buy a further 15% by July 15 this y...
08 Aug, 2020, 11.19 AM IST
Budget 2020: Tax exemption for sovereign funds to boost India infra playApart from The National Investment and Infrastructure Fund (NIIF) - the country’s only sovereign wealth fund, India has already seen a larg...
01 Feb, 2020, 03.26 PM IST
IndiGrid to acquire Rs 1,020 cr-transmission project from Sterlite PowerIndiGrid, the infrastructure investment trust backed by KKR, will acquire the acquisition of East North Interconnection Company for Rs 1,02...
30 Jan, 2020, 10.32 AM IST
CCI approves Reliance's divestment of Jio tower assetsThe proposed transaction involves the acquisition of indirect control of RJIPL by Jarvis, the Competition Commission of India (CCI) noted i...
20 Jan, 2020, 04.22 PM IST
GMR raises debt from Tata-GIC even as planned sale of airport biz pendingGMR has been looking at various options to pare its over Rs 20,000-crore debt.
09 Jan, 2020, 08.20 AM IST
Competition commission approves GMR Airports’ stake saleThe deal will bring Rs 8,500 crore to the company.
01 Oct, 2019, 07.54 PM IST
KKR, GIC to invest Rs 2,000 cr in Sterlite Power TrustKKR to become co-sponsor of India Grid Trust and will jointly manage it with Sterlite Power
01 May, 2019, 08.38 AM IST
Tata Group, GIC and SSG to buy 44% in GMR AirportsA consortium of Tata group, GIC and Hong Kong-based SSG Capital to invest Rs 8,000 crore in the business.
28 Mar, 2019, 06.46 AM IST
Tata Group, SSG and GIC likely to acquire a stake in GMR airportsGIC pipped Japanese diversified conglomerate Mitsubishi — the other entity GMR had been in advanced talks with — to clinch the deal.
27 Mar, 2019, 11.22 AM IST
Tata Group checks into airport business with Rs 8,000-cr dealAfter the purchase, Tata will hold 20% in the airport unit, while GIC will get 15% and SSG will own 10%.
27 Mar, 2019, 10.54 AM IST
GIC, Mitsubishi in talks with GMR Infra to buy minority stake in Airport Hold CompanyGMR has for the last couple of years made efforts to divest its airport company, including via an IPO.
20 Feb, 2019, 08.56 AM IST
Talking stocks: GIC Re a good bet, add more at current pricesAt this juncture it is quite risky to hold Visa Steel as there is a lot of uncertainty.
14 May, 2018, 10.18 AM IST
Zensar, Persistent Can Do Better than Tata ElxsiSell Ashok Leyland around Rs 135, which is around 17 times FY19 expected earnings.
26 Dec, 2017, 12.08 PM IST