Singapore-based Ascendas-Singbridge Pte Ltd., that offers urban development solutions, will invest $320 million in logistics and industrial real estate in India. The company launched the Ascendas India Logistics Program which targets developing a portfolio of thirteen to fifteen million square feet of space in key warehousing and manufacturing hubs in...
Singtel to Acquire Additional 7% Stake in India's Bharti Airtel
Singapore Telecommunications (Singtel) will acquire a 7.39 percent additional stake in the holding arm of India’s largest telecom company Bharti Airtel for $650 million. The deal comes just ahead of India’s largest-ever spectrum auction to date. Singtel currently has a 32.5 percent interest in Airtel. “Thailand, India and Africa continue...