Stay updated with breaking news from Temasek. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The healthcare fund wants to curtail its exposure to healthtech to less than 15% of its portfolio. But it has its eyes open for single-specialty healthcare companies operating in areas such as oncology and dialysis
Singapore-based ST Telemedia Global Data Centers and Vietnamese tech unicorn VNG have teamed up to build a $420 million data center in Ho Chi Minh City to tap into the country's booming digital economy.
Mahindra & Mahindra (M&M) board approved a Rs 12,000 crore investment in its electric arm MEAL over three years. The company aims to fund its capital needs from operating cash and extended the timeframe for BII's Rs 725 crore investment. BII and Temasek previously invested in MEAL for electric SUV development.
Mumbai/IBNS: American private investment firm Bain Capital and Singapore-based Temasek have partnered to compete with Blackstone-led consortium for a majority stake in Haldiram Snacks Food, potentially India's largest private equity purchase to date, reports Economic Times.
So far, BII has invested Rs 1,200 crore while Temasek invested Rs 300 crore in Mahindra Electric Automobile Limited (MEAL). Temasek will invest the balance Rs 900 crore as per agreed timeline, the company said.