Page 4 - Gic

GIC seeks relaxation in regulatory norms as coronavirus hits operations

While insurance firms ignore MTM gains, they are required to recognise MTM losses as expenses

IRB Infra announces receipt of first tranche of Rs 3,753 cr from GIC

The remaining about Rs 650 crore, the company said will be invested in the progress of construction of the under-construction projects

Bengaluru realtor Brigade in talks for strategic investment in hospitality

While Brigade plans to ramp up the number of operating keys in its hospitality business from 1,350 to 2,000 in 24-30 months, it is also looking to add keys beyond 2,000 in the longer run

Global reinsurers miffed at pro-GIC bias, seek level-playing field in India

Many are reluctant to invest financial and human capital in a scenario in which GIC Re enjoys the advantage of right of first refusal in reinsurance contracts

GIC is set to become major office player with Prestige Estates stake buy

With 70 million sq ft, Blackstone and its partners are the largest owners of office properties in the country