Search For "gic"
Locus raises $50 million in Series C funding led by GIC with participation
Updated : 4 years, 9 months ago IST
San Francisco [US], June 2 (ANI/PRNewswire): Locus, a future-ready platform that automates supply chain decisions, today announced that it has raised $50 million in Series C funding led by GIC, Singapore's sovereign wealth fund, with participation from Qualcomm Ventures LLC and existing inve
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PM Modi lauds MP Santosh Kumar for Green India Challenge initiative
Updated : 4 years, 9 months ago IST
Hyderabad (Telangana) [India], May 28 (ANI): Prime Minister Narendra Modi on Friday lauded Rajya Sabha MP Joginapally Santosh Kumar for initiating the Green India Challenge, an effort to increase the green cover across the country.
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General Mills India Center is Great Place to Work - Certified
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI/BusinessWire India): General Mills India Center (GIC), Mumbai - part of US-based General Mills Inc. - has been recognised as a Great Place to Work® - a definitive 'Employer-of-Choice' certification which benchmarks organizations on the basis of
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Godrej Properties raises Rs 3,750 crore through QIP
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): Godrej Properties said on Tuesday it has raised Rs 3,750 crore through the qualified institutional placement (QIP) route.
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CCI approves joint control in Virtusa Corp by Austin HoldCo
Updated : 5 years, 2 months ago IST
New Delhi [India], January 12 (ANI): The Competition Commission of India (CCI) has approved the proposed combination relating to acquisition of 100 per cent equity interest and joint control in Virtusa Corporation by Austin HoldCo, GIC Investor and CPPIB Investor.
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GIC to invest Rs 5,512.5 cr in Reliance Retail Ventures
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that GIC, a leading global investment fund, will invest Rs 5,512.5 crores into RRVL, a subsidiary of Reliance Industries.
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Orix investment to support Greenko's credit profile, ratings intact
Updated : 5 years, 5 months ago IST
Singapore, September 22 (ANI): Greenko Energy Holdings' credit profile will benefit from lower-than-anticipated leverage and addition of multiple diversified renewable energy projects with strong operating records as part of ongoing investment by Japan's Orix Corporation, Fitch Ratings said
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GIC Re reports Q1 net loss of Rs 497 cr as premiums decline
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 8 (ANI): Government-owned General Insurance Corporation of India (GIC Re) has reported a consolidated net loss of Rs 497 crore in the first quarter of the current financial year as against a net profit of Rs 192 crore in Q1 FY20.
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GIC Re appoints BoI's MD & CEO Atanu Das as director on the board
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Government-owned General Insurance Corporation of India (GIC Re) has appointed Managing Director and CEO of Bank of India Atanu Kumar Das as a director on the board with immediate effect.
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AM Best downgrades credit ratings of GIC Re
Updated : 5 years, 8 months ago IST
Singapore, July 3 (ANI): AM Best has downgraded the financial strength rating (FSR) to B-plus-plus (good) from A-minus (excellent) and the long-term issuer credit rating (ICR) to bbb-plus from a-minus of General Insurance Corporation of India (GIC Re).
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IRB Infrastructure FY20 PAT down 15 pc at Rs 721 cr
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): India's largest highway infrastructure company IRB Infrastructure Developers Ltd said on Thursday that its profit after tax in FY20 fell by 15 per cent to Rs 721 crore due to Covid-19 lockdown across the country.
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IRB Infrastructure gets Rs 3,753 crore in first tranche of investment from
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 25 (ANI): IRB Infrastructure on Tuesday announced the receipt of first tranche of investment totalling Rs 3,753 crore from GIC affiliates out of its commitment of Rs 4,400 crore by IRB Infrastructure Trust.
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