E-PaperTemasek News
‘We are being very cautious while investing in these uncertain times’
We believe in the structural stability of the Indian economy, given what govt and RBI have done on the liquidity side, says Ravi Lambah, joint head, telecom, media and technology, and head, at Temasek India
6 min read5 Oct 2020Singapore govt firm calls out racist Facebook posts targeting Indian employees
Some posts circulating on Facebook in recent days have highlighted the LinkedIn profiles of certain Temasek employees, and their academic qualifications, and questioned why top positions in the firm were filled by foreigners and not locals
2 min read15 Aug 2020Singapore’s Temasek to freeze pay, cut bonuses for a year amid virus outbreak
The move, which will start in April, will see Temasek halt all raises and salary increases linked to promotionsIt will also introduce partial cuts to the annual bonuses of senior management, who were asked to voluntarily lower their base salaries by as much as 5%
1 min read25 Feb 2020EQT, Temasek launch $500 mn renewable energy platform
This would be EQT Infrastructure’s first investment in IndiaThe investment is in line with EQT’s thematic approach to invest in sustainable solutions, guided by the United Nations’ Sustainable Development Goals
2 min read22 Jan 2020AU Small Finance Bank raises ₹525 cr from Temasek arm Camas Investments
With this investment, Temasek has firmed up its stake at 4.8% in AU Bank Temasek has invested the money through the conversion of its 1 crore warrants
2 min read13 Dec 2019Advent International, Temasek sell Crompton Greaves stake worth ₹1,275 crore
Advent sells 32.29 million shares while Temasek 18.85 million sharesShares were bought by several institutional investors
1 min read3 Dec 2019Deals Buzz: Temasek in talks to invest in Cure.fit at $800 million valuation
In other news, ArcelorMittal is facing stiff competition in its bid for Odisha Slurry Pipeline Infrastructure Ltd (OSPIL), an insolvent company whose single asset could cut the cost of production at Essar Steel by a fifth
3 min read2 Dec 2019Temasek in talks to invest in Cure.fit at $800 million valuation
The fitness startup eyes a valuation of about $800 mn post the fundraiseTemasek is actively scouting for late-stage tech investments in India and wants to cut cheques of at least $75 million
3 min read2 Dec 2019Aramco likely to give green light to world’s biggest IPO next week
The oil giant’s board is planning to meet with its advisors on the initial public offering around 17 OctoberIPO is key to Saudi Arabia’s plans to divesify its economy
2 min read10 Oct 2019PE firm Everstone Capital hires Temasek’s Vibhor Kumar Talreja
Prior to this role, Talreja worked as a director in the India team of Singapore's state investment arm TemasekTalreja is an alumnus of IIT Kanpur and IIM Bangalore
1 min read4 Oct 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared