Page 31 - Temasek News Today

Tata Plays revenue from its core direct-to-home (DTH) business is expected to decline in the medium term due to a slowdown in its subscriber base. However, this decrease is anticipated to be balanced by growth in broadband and over-the-top (OTT) businesses. Operating margins may face pressure in FY24 and FY25 due to the subscriber base moderation, although partly offset by improved metrics from Tata Play Binge and expected breakeven from Tata Play Broadband.

The Fullerton Carbon Action Fund will invest in the manufacturing, industrials, energy, and electric vehicles/mobility sectors.

Optus’ Singaporean owner Singtel has confirmed it is exploring options to improve returns.

Optus’ owner has confirmed it is exploring options after The Australian Financial Review reported it was considering offloading the telco to Canadian group Brookfield.

Autobrains Liquid AI Enables True Automotive Intelligence

Tyson is joining the nonprofit Tent Partnership for Refugees with a plan to hire some of the 181,400 migrants that have come through New York City’s intake system over the last 2 years.

Manipal Hospitals, backed by Temasek and Ranjan Pai, is in final talks to acquire a significant majority stake in Kolkata's Medica Synergie, a media report ......

A91 Partners, launched in 2018, debuted with a $350 million maiden fund. Just three years later, they scaled up significantly, securing $550 million for their second fund, targeting both late-stage venture and early-growth investments. This will be among the fastest scale-ups in terms of fund size for a domestic investment fund.

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

In December 2021, Temaseks healthcare platform Sheares had acquired a majority position in Medica Synergie by purchasing the stake held by private equity firm Quadria Capital