GIC to pick up Bharti Airtel stake

GIC to pick up Bharti Airtel stake

Singapore sovereign wealth fund GIC Pte. Ltd will invest $700 million in Bharti Airtel Ltd, marking its third-biggest bet on an Indian company and boosting the telecom operator’s war chest amid stiff competition. GIC joins investors from Japan to Canada in pumping...
TPG enters India’s pharma market

TPG enters India’s pharma market

TPG Growth has announced that it would invest $30 million in Solara Active Pharma, a leading global manufacturer of active pharmaceutical ingredients (API) with a network of customers including several top global generic companies in the US and Europe and a robust...
Gujarat’s ports attract Rs 36,000 crore investment

Gujarat’s ports attract Rs 36,000 crore investment

Indian and foreign firms committed an investment of nearly Rs 36,128 crore in Gujarat’s ports sector at the ninth Vibrant Gujarat Global Investors Summit on Friday. Port of Amsterdam signed atripartite agreement for developing a cruise terminal in Porbandar. An...
Saba Industries to invest $100 million in Rice Sector

Saba Industries to invest $100 million in Rice Sector

Malaysia-based Saba Industries Chairman and CEO Malini Saba on Wednesday said the privately-held company will invest $100 million in the rice sector in India and Thailand, as it plans to export the staple by partnering with local farmers. “We are looking at a $100...
Dubai’s Foresight Group plans to invest $500 million in India.

Dubai’s Foresight Group plans to invest $500 million in India.

Dubai-based Foresight Group International, which introduced India’s first single-branded retail with Pavers of UK, plans to invest $500 million in LNG, shipping, port and offshore drilling sectors in the country. The company has initiated the investment two...