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GIC Re unions question the bell curve appraisal system that was junked by its consultant, KPMG

"The bell curve appraisal system that has already been defunct in many organisations is being …

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4 mins read

Funding winter is here for tech startups and will go on for 12-18 months: Tracxn

Funding winter is here for tech startups and will go on for 12-18 months: Tracxn

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Indian space tech startup Skyroot Aerospace raises $51 million in GIC-led funding round

Indian space tech startup Skyroot Aerospace raises $51 million in GIC-led funding round

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3 mins read

Logistics startup Locus raises $50 million in Series C — aims to double its patents by 2022 and hire more data scientists

Locus, a Bengaluru-based logistics startup, has raised $50 million in its Series C round of funding…

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IndiGrid inks largest transmission deal with Sterlite Power

Commenting on the acquisition, Harsh Shah, Chief Executive Officer of IndiGrid, said: "W…

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Razorpay set to buyback ESOPs worth $10 million – investors Sequoia and GIC will be the buyers

Indian fintech unicorn Razorpay has announced an ESOP (employee stock ownership plan) buyback worth…

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3 mins read

Reliance Retail has now raised $4.4 billion – with fresh investments from TPG and GIC

In a Jio-like blitzkrieg of investments, Reliance Retail has now raised seven investments from glob…

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1 min read

GIC settles insider trading case with Sebi

New Delhi, Dec 13 () General Insurance Corporation of India(GIC) has settled with regulator Sebi a …

PTI   


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GIC to invest Rs 434 cr in Prestige Estates

Shares of the company fell 0.65 per cent to Rs 345.20 apiece on Monday.

PTI   


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1 min read

GIC Re gets licence from Bank of Russia for reinsurance biz

"We wish to inform you that that the Corporation has obtained licence from the Central Bank of the…

PTI   


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1 min read

GIC Re gets license from Bank of Russia for reinsurance biz

"We wish to inform you that that the Corporation has obtained license from the Central Bank of the…

PTI   


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IRB Infrastructure gets first tranche of investment of Rs 3,753 cr from GIC affiliates

"This platform will not only give us exposure to a large, well-positioned and diversified portfoli…

PTI   


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DLF's total rental income to rise to Rs 2,900 crore this fiscal

DLF, the country's largest real estate firm, earned a rental income of around Rs 2,600 crore …

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Alibaba reportedly in talks to acquire Shopclues

The media has speculated about Alibaba's interest in Flipkart, however these parleys have stalled o…

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1 min read

Singapore's GIC To Pump In Rs 1,020 Crore In Bandhan Financial Services

However, he did not reveal how much stake GIC would get. Kolkata-based Bandhan, a specialist in sma…

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4 mins read

Bigger they are, harder they fall – A look at how the country’s biggest IPOs have fared

Hyundai Motor India is raising funds through an IPO, the country’s biggest IPO so far. There have b…

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2 mins read

Afcons Infra fixes IPO price at Rs 440-Rs 463 per share, issue to open on October 25

Afcons will reportedly use around Rs 80 crore from IPO proceeds to fund capital expenditure and pur…

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1 min read

Why New India Assurance stock zooms 17%

PSU insurance companies stocks are zooming on Friday with New India Assurance up a massive 17 per c…

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4 mins read

India offers USD 500 billion investment opportunities in clean energy, green hydrogen and EV by 2030

India offers huge investment opportunities worth over USD 500 billion, particularly in clean energy…

PTI   


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3 mins read

Real estate hit its highs in 2023 but slipping PE investments a worry

A sharp rise in home sales as well rising office occupancies might be the talk of the town. Yet, pr…