GIC

Razorpay joins the league of unicorns in India with USD 100 mn fresh funding

Razorpay joins the league of unicorns in India with USD 100 mn fresh funding

Witnessing a 300 per cent growth in its business during the past six months, Razorpay said it has raised a Series-D fundraising of USD 10...Read More

After Silver Lake Partners and Mubadala, GIC and TPG to invest around Rs 7, 350 crore in Reliance Retail Ventures

After Silver Lake Partners and Mubadala, GIC and TPG to invest around Rs 7, 350 crore in Reliance Retail Ventures

In less than a day, Reliance Industries Limited’s subsidiary Reliance Retail Ventures Limited (RRVL) has received investment commitments...Read More

IRDAI identifies LIC, GIC, New India Assurance systemically important insurers

IRDAI identifies LIC, GIC, New India Assurance systemically important insurers

Regulator IRDAI has identified LIC, GIC and New India Assurance as domestic systemically important insurers (D-SIIs) and subsequently de...Read More

Centre to infuse Rs 12K cr in state GICs

Centre to infuse Rs 12K cr in state GICs

The process of merger could not be completed due to various reasons, including the companies' poor financial health. For listing, a 1.5 s...Read More

Tata, GIC and SSG pick up 45 percent in GMR Airports for Rs 8,000 crore

Tata, GIC and SSG pick up 45 percent in GMR Airports for Rs 8,000 crore

Mumbai/New Delhi: GMR Infrastructure on Wednesday said the Tatas along with Singaporean sovereign wealth fund GIC and another Singaporean...Read More

DLF to settle Rs 8,500 cr payable to JV with GIC

DLF to settle Rs 8,500 cr payable to JV with GIC

New Delhi : Realty major DLF will settle Rs 8,500 crore payable to its joint venture with Singapore’s sovereign wealth fund GIC by 2020, ...Read More

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DLF promoters, GIC may ink pact on Rs 13K cr deal this month

New Delhi : Realty major DLF’s promoters are likely to enter into an agreement this month with Singapore’s sovereign wealth fund GIC to s...Read More

New India Assurance, GIC of India hire investment banks to manage share sales

New India Assurance, GIC of India hire investment banks to manage share sales

New India Assurance Co. Ltd (NIA) and General Insurance Corp. of India Ltd (GIC) have now hired investment banks to manage their initial ...Read More

Third-party motor premium hike is inevitable: IRDAI Chief

Third-party motor premium hike is inevitable: IRDAI Chief

Mumbai : Insurance regulator Irdai said an increase in the third-party motor premium is inevitable next financial year to take care of th...Read More

Protecting the borrower, family and asset: GIC Housing Finance

Protecting the borrower, family and asset: GIC Housing Finance

Among the older players in the housing finance segment, GIC Housing Finance (GIC HF) has some unique properties in its business model, to...Read More

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Global investors pick minority stake in QuEST for $350 mln

New Delhi:  Engineering outsourcing firm QuEST Global Services said global investors Bain Capital, GIC and Advent International have toge...Read More

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GIC Housing to buy 16% stake in LIC Nomura AMC

New Delhi : GIC Housing Finance said it will acquire up to 16% stake in LIC Nomura Mutual Fund Asset Management Company for Rs 22.68 cror...Read More

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DLF sells 50% stake in two projects to GIC for Rs 2k cr

New Delhi: India’s largest realty firm DLF sold about 50 per cent stake each in two upcoming projects here to Singapore’s sovereign wealt...Read More

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DLF to raise Rs 3k cr via private equity; in talks with Singapore’s GIC

New Delhi : 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 Singapor...Read More

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Govt agrees to contribute Rs 600 cr to nuclear pool

Mumbai: The government would contribute Rs 600 crore to the proposed Rs 1,500-crore nuclear insurance pool that will be launched by Atomi...Read More

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Nepal quake: GIC Re stares at Rs 1,000 cr claim payouts

Mumbai : GIC Re, which is the largest re-insurer in Nepal, said the company is expecting to pay a whopping Rs 1,000-crore claim against t...Read More

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