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Nov 27, 2020 03:22 PM IST GIC, the world's sixth-biggest sovereign investor, has assets worth $440 billion.
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Oct 17, 2020 04:00 PM IST Earlier this month, the firm had announced the deal with the investment equity firm which valued Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.
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Oct 03, 2020 09:16 AM IST The investments from GIC and TPG value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.
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Oct 03, 2020 12:24 AM IST Deals in recent weeks underline growing interest from global investors in the retail division of Mukesh Ambani-controlled Reliance Industries
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Sep 25, 2020 08:38 PM IST Since they have been classified as systematically important insurers, LIC, GIC Re and New India Assurance will be subject to enhanced regulatory supervision
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Feb 25, 2020 11:40 AM IST In a regulatory filing, IRB Infrastructure Developers said Rs 3,753 crore from GIC affiliates has been received out of its commitment of Rs 4,400 crores by IRB Infrastructure Trust.
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Oct 02, 2019 08:29 PM IST With settlement of this dues, the company said it has completed the exercise of transforming its balance sheet and consolidation of all rental assets under the DCCDL.
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Sep 25, 2019 09:13 PM IST India’s business travel spend accounts for about $37,127 million and ranks seventh globally. According to the report, India is likely to reach the fifth position by 2022.
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May 17, 2019 06:29 PM IST The proposed investment will be done over the next three years for acquisition of hotel properties across India.
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May 17, 2019 03:53 PM IST The Indian Hotels Company (IHCL) will put in 30% equity in every such acquisition, while the rest will come from GIC, according to an official statement.
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Apr 10, 2019 05:51 PM IST All general insurers will cede 5 percent of premium for each policy sold.
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Apr 08, 2019 08:10 PM IST In a bulk deal transaction on the NSE, Singapore government has sold nearly 6.8 crore shares of DLF at Rs 191.01 per share, translating the deal at Rs 1,298 crore.
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Dec 07, 2018 05:59 PM IST With over Rs 55,000 crore debt its its books, Air India management has been trying to pare burden by monetising non-core real estate properties.
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Nov 15, 2018 03:23 PM IST State-owned reinsurer General Insurance Corporation of India (GIC) was listed on the bourses in October last year, while New India Assurance Company Ltd made its stock market debut in November last year.
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Sep 30, 2018 04:21 PM IST New regulations for the reinsurance business in India were finalised by the insurance regulator at its September 28 meeting and will apply to all segments of the insurance sector from March next year
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Aug 22, 2018 05:45 PM IST GIC had in December last year bought 33.34 per stake in DLF's rental arm DLF Cyber City Developers Ltd (DCCDL) for about Rs 9,000 crore.
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Dec 27, 2017 08:50 AM IST In late August, the promoters had sold the entire 40 per cent stake in rental arm DLF Cyber City Developers Ltd (DCCDL) for Rs 11,900 crore and proposed to invest proceeds into DLF.
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Dec 04, 2017 12:29 PM IST Focus for the next two-three years would be to pare down the completed inventory and grow commercial business and JV with GIC, Saurabh Chawla, Senior ED-Finance, DLF.
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Oct 24, 2017 01:27 PM IST GIC Re's IPO was oversubscribed 1.38 times during October 11-13. The reinsurance company had fixed the price band at Rs 855-912 for its IPO.
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Oct 06, 2017 07:49 AM IST A look at top cues from domestic and international cues that could have a bearing on D-Street.
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Aug 23, 2017 09:45 AM IST In October 2015, DLF had announced that its promoters -- K P Singh and family -- would sell their entire stake in the DLF Cyber City Developers Ltd (DCCDL), which holds the bulk of commercial assets of the group.
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Aug 14, 2017 08:38 AM IST In October 2015, DLF had announced that its promoters would sell their entire stake in the DLF Cyber City Developers Ltd (DCCDL), which holds the bulk of the commercial assets of the group.
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May 18, 2017 02:47 PM IST -
Mar 26, 2017 12:45 PM IST Two months after the Union Cabinet gave a go ahead to the listing of five general insurance companies, the Department of Investment and Public Asset Management (DIPAM) has set the ball rolling for listing of GIC Re
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Mar 14, 2017 10:23 PM IST The board of Gurgaon-based ShopClues have responded to allegations saying that the termination of co-founder Sandeep Aggarwal was with joint consent with stakeholders. It further said that the claims by the ex-cofounder reek of 'personal vendetta'.