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Asian sovereign wealth funds are supporting “Made in India” deals. Gem View Investment Pte Ltd is a sovereign wealth enterprise of Singapore’s GIC Private Limited. GIC and Jaipur-based Genus Power & Infrastructures Ltd formed a platform for Advanced Metering Infrastructure Service Provider (“AMISP”) concessions in India. GIC will own a 74% stake in the smart… ....
Genus Power share price: The stock rose 20 per cent to hit a 52-week high of Rs 168.90. At this price, the stock is up 46.37 per cent in four sessions. It almost doubled this calendar so far.
GIC Singapore & Genus to Invest $2 Billion in Smart Metering projects equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Genus Power s stock surged 20% after signing agreements with Gem View Investment, a Singapore affiliate, to establish a platform for advanced metering infrastructure services. GIC will hold a majority stake of 74% in the platform, with Genus holding 26%. ....
The JV is for setting up of a platform for undertaking advanced metering infrastructure service provider (AMISP) concessions. The transactions are subject to the approval of Genus shareholders ....