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Indian Space Sector Pushes Private Players for More Participation
Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold within the next decade — an effort boosted by the personal support of Prime Minister Narendra Modi. At the end of 2022, Skyroot Aerospace, whose investors include Sherpalo Ventures and Singapore's...
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Adani Group In Talks With Investors To Raise $10 Billion: Report
Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC, to raise at least $10 billion to
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Skyroot Aerospace Raises $51 Million from Singapore's GIC: All Details
Skyroot Aerospace, the Hyderabad-based space startup said on Friday that it raised $51 millon (roughly Rs. 400 crore) in funding from GIC, a Singapore-based capital investment firm. The startup is looking to use the funding to build the country's first private space launch vehicles and launch heavy payloads into low-Earth orbit by mid-2023.
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Skyroot Aerospace Raises $51 Million In Funding Round Led By GIC India
Space tech start-up Skyroot Aerospace has raised USD 51 million or around Rs 403 crore in a funding round led by GIC India Direct Investment Group, the company said on Friday.
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Crypto Firm FalconX Doubles Valuation To $8 Billion, Despite Market Crash
Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore's sovereign wealth fund GIC and B Capital, more than doubling its valuation in 10 months, its chief executive and founder Raghu Yarlagadda told Reuters, despite the recent slump in crypto markets.
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Crypto Platform FalconX Valued at $8 Billion in New Funding Round
Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore's sovereign wealth fund GIC and B Capital, more than doubling its valuation in 10 months, its chief executive and founder Raghu Yarlagadda told Reuters, despite the recent slump in crypto markets.
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IDFC Shares Slump 7% After Rs 4,500 Crore Divestment Plan To Bandhan Consortium
Shares of IDFC tanked more than 7 per cent in early trade on Thursday, a day after the company announced the divestment of its asset management business to a consortium of Bandhan Financial Holdings, GIC and ChrysCapital for Rs 4,500 crore.
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Can You 'Own' a Goal? Collectible NFTs Rolling Into Elite Football
NFTs are a new phenomenon, having exploded in popularity across various areas during the pandemic as enthusiasts and investors scramble to spend enormous sums of money on items that only exist online.
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Court Puts Order Mandating Bumper-To-Bumper Motor Vehicle Insurance On Hold
The Madras High Court has kept in abeyance, its order mandating "bumper-to-bumper" insurance for five years for motor vehicles, following a submission from the General Insurance Company (GIC).
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Flipkart Raises $3.6 Billion, Now Valued At $37.6 Billion
The funding was led by financial investors including GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund and Walmart
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Walmart's Flipkart Raises $3.6 Billion Amid Talk Of Going Public In US
The funding was led by investors GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart.
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General Insurance Corporation Postpones Recruitment Exam Scheduled On May 9
The General Insurance Corporation of India (GIC) has postponed the Assistant Manager exam which was scheduled on May 9 in view of the rising COVID-19 cases.
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General Insurance Corporation (GIC) Announces Jobs For Graduates, Postgraduates
The General Insurance Corporation of India (GIC) has invited applications from graduates and postgraduates to fill 44 posts of Assistant Managers
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State-Run Insurers Rally For Second Session On Privatisation Report
State-run insurers - New India Assurance and General Insurance Corporation of India, hit the 20 per cent upper circuit on privatisation reports.
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Reliance Industries Gains 1% As GIC, TPG Capital, Mubadala Buy Stake In Retail Arm
The Abu Dhabi-based state fund Mubadala invested Rs 6,247.5 crore, and Singapore's sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs 7,350 crore in Reliance Retail Ventures.
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Indian Space Sector Pushes Private Players for More Participation
Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold within the next decade — an effort boosted by the personal support of Prime Minister Narendra Modi. At the end of 2022, Skyroot Aerospace, whose investors include Sherpalo Ventures and Singapore's...
-
Adani Group In Talks With Investors To Raise $10 Billion: Report
Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC, to raise at least $10 billion to
-
Skyroot Aerospace Raises $51 Million from Singapore's GIC: All Details
Skyroot Aerospace, the Hyderabad-based space startup said on Friday that it raised $51 millon (roughly Rs. 400 crore) in funding from GIC, a Singapore-based capital investment firm. The startup is looking to use the funding to build the country's first private space launch vehicles and launch heavy payloads into low-Earth orbit by mid-2023.
-
Skyroot Aerospace Raises $51 Million In Funding Round Led By GIC India
Space tech start-up Skyroot Aerospace has raised USD 51 million or around Rs 403 crore in a funding round led by GIC India Direct Investment Group, the company said on Friday.
-
Crypto Firm FalconX Doubles Valuation To $8 Billion, Despite Market Crash
Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore's sovereign wealth fund GIC and B Capital, more than doubling its valuation in 10 months, its chief executive and founder Raghu Yarlagadda told Reuters, despite the recent slump in crypto markets.
-
Crypto Platform FalconX Valued at $8 Billion in New Funding Round
Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore's sovereign wealth fund GIC and B Capital, more than doubling its valuation in 10 months, its chief executive and founder Raghu Yarlagadda told Reuters, despite the recent slump in crypto markets.
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IDFC Shares Slump 7% After Rs 4,500 Crore Divestment Plan To Bandhan Consortium
Shares of IDFC tanked more than 7 per cent in early trade on Thursday, a day after the company announced the divestment of its asset management business to a consortium of Bandhan Financial Holdings, GIC and ChrysCapital for Rs 4,500 crore.
-
Can You 'Own' a Goal? Collectible NFTs Rolling Into Elite Football
NFTs are a new phenomenon, having exploded in popularity across various areas during the pandemic as enthusiasts and investors scramble to spend enormous sums of money on items that only exist online.
-
Court Puts Order Mandating Bumper-To-Bumper Motor Vehicle Insurance On Hold
The Madras High Court has kept in abeyance, its order mandating "bumper-to-bumper" insurance for five years for motor vehicles, following a submission from the General Insurance Company (GIC).
-
Flipkart Raises $3.6 Billion, Now Valued At $37.6 Billion
The funding was led by financial investors including GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund and Walmart
-
Walmart's Flipkart Raises $3.6 Billion Amid Talk Of Going Public In US
The funding was led by investors GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart.
-
General Insurance Corporation Postpones Recruitment Exam Scheduled On May 9
The General Insurance Corporation of India (GIC) has postponed the Assistant Manager exam which was scheduled on May 9 in view of the rising COVID-19 cases.
-
General Insurance Corporation (GIC) Announces Jobs For Graduates, Postgraduates
The General Insurance Corporation of India (GIC) has invited applications from graduates and postgraduates to fill 44 posts of Assistant Managers
-
State-Run Insurers Rally For Second Session On Privatisation Report
State-run insurers - New India Assurance and General Insurance Corporation of India, hit the 20 per cent upper circuit on privatisation reports.
-
Reliance Industries Gains 1% As GIC, TPG Capital, Mubadala Buy Stake In Retail Arm
The Abu Dhabi-based state fund Mubadala invested Rs 6,247.5 crore, and Singapore's sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs 7,350 crore in Reliance Retail Ventures.
