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Start Over Descriptor "*DIVERSIFIED companies" Journal wall street journal - eastern edition Region india

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1. Singapore's Temasek Makes Major Investments in India As Part of Diversification Plan.

Author

Bellman, Eric and Prystay, Cris

Subjects
*FOREIGN investments, *PRIVATE equity, *DIVERSIFIED companies, *BANKING industry
Abstract

Reports on the investments made in India by Temasek Holdings Ltd., the investment arm of the Singaporean government. Amount of private equity invested by Temasek; Indication that India is an attractive market for companies hoping to diversify their holdings; Purchases made by Temasek of ICICI Bank Ltd, Apollo Hospitals Enterprise Ltd., and ICICI OneSource Ltd.; Total assets of Temasek; Tradition of the company to invest in Singaporean industries; Plan of Temasek to diversify and reduce its holdings in Singapore by 33 percent.

Published
2004

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