Government of Singapore Investment Corporation
The two potential bidders, Government of Singapore Investment Corporation (GIC) and private investor Red Fort Capital are to acquire the real estate assets of Hindustan Teleprinters (HTL), where Himachal Futuristic Communication (HFCL) holds 74% stake. After HTL was deemed as non performing assest, SBI took possession of 10.16 acre company land, in Chennai. The final [...] Continue Reading »
Brigade Group, one of the Bangalore-based top realty players, on Wednesday, announced that it is planning to venture with Government of Singapore Investment Corporation (GIC) to develop a residential project in Bangalore. Both the parties, Brigade and GIC, have entered into a 51:49 private equity partnership through a special purpose vehicle (SPV) for the development of [...] Continue Reading »
