Search For "wealth fund"
COVID-19: Russia agrees to produce Sputnik V vaccine in India
Updated : 5 years, 6 months ago IST
Moscow [Russia], November 27 (ANI): The Russian Sovereign Wealth Fund and India's pharmaceutical company Hetero have agreed to produce over 100 million doses per year of the Russian COVID-19 vaccine Sputnik V in India, according to a statement on Sputnik V Twitter account on Friday.
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Abu Dhabi's SWF becomes first notified fund to get 100 per cent I-T exempt
Updated : 5 years, 7 months ago IST
New Delhi [India], November 3 (ANI): Abu Dhabi's Sovereign Wealth Fund (SWF) -- MIC Redwood 1 RSC Limited -- became the first foreign SWF to be notified and granted 100 per cent income tax exemption for long term investments to be made in specified priority sectors, the Union Finance Ministr
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Goldman Sachs unit pleads guilty to bribery case involving 1MDB, agrees to
Updated : 5 years, 7 months ago IST
Hong Kong [China], October 23 (ANI): The Malaysian subsidiary of Goldman Sachs has pleaded guilty to charges to violate US anti-bribery laws in a massive scheme involving Malaysia's sovereign wealth fund, 1MDB, and has agreed to pay USD 2.9 billion to various authorities.
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Orix investment to support Greenko's credit profile, ratings intact
Updated : 5 years, 8 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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Tax exemption to sovereign wealth funds will spur growth, says NITI Aayog
Updated : 6 years, 4 months ago IST
New Delhi [India], Feb 1 (ANI): The tax exemption given to sovereign wealth funds for infrastructure development in the Union Budget 2020 will spur growth in the infrastructure sector, NITI Aayog CEO Amitabh Kant said on Saturday.
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Bajaj Finance announces closure of QIP totalling Rs 8,500 crore
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Nov 13 (ANI): Bajaj Finance Ltd has raised Rs 8,500 crore by issuing over 2.17 crore equity shares at an issue price of Rs 3,900 per equity share to qualified institutional buyers.
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DLF settles Rs 8,700 crore payable to joint venture with Singapore's GIC
Updated : 6 years, 8 months ago IST
New Delhi [India], Oct 3 (ANI): Real estate major DLF Group has settled the entire amount of Rs 8,700 crore payable to DLF Cyber City Developers Ltd (DCCDL) -- its joint venture with Singapore's sovereign wealth fund GIC -- by transferring several completed commercial properties, land parcel
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GIC to invest Rs 4,400 crore in IRB Infrastructure's road business
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): IRB Infrastructure Developers has signed binding definitive agreements with Singapore's sovereign wealth fund GIC for a total investment of up to Rs 4,400 crore, including the funding of future construction costs.
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Indian hotels in strategic partnership with Singapore's sovereign wealth f
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 17 (ANI): Tata group-led Indian Hotels Company Limited on Friday signed a strategic partnership with Singapore's sovereign wealth fund GIC for an investment framework to the tune of Rs 4,000 crore over a period of three years.
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GMR Infrastructure announces proposed investment of Rs 8,000 crore by Tata
Updated : 7 years, 2 months ago IST
New Delhi [India], Mar 27 (ANI): GMR Infrastructure Limited (GIL) on Wednesday announced a proposed investment of Rs 8,000 crore by Tata Group, an affiliate of Singapore's sovereign wealth fund GIC and Hong Kong-based SSG Capital Management in its airports business.
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