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The Latest Breaking News from Temasek

Adani Enterprises shares gain over 4% as airports arm plans to raise $1 billion from Temasek, BlackRock, others

Adani Enterprises shares rose over 4% after Adani Airport Holdings announced a Rs 9,825-crore equity raise from Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds. The funds will support airport expansion, modernisation and Airport City projects. AAHL expects the investment to boost capacity, while Adani Enterprises continues delivering strong…

The Economic Times

Singapore Airlines seeks greater influence, tighter governance terms before Air India funding: Report

Singapore Airlines seeks more management influence and governance rights for Air India. This comes as Air India requests significant capital infusion from its owners. Tata Sons has approved its share of the funding, while Singapore Airlines holds a minority stake. The Indian carrier's substantial losses are pressuring Singapore Airlines to…

The Economic Times

Adani Enterprises to sell up to 5.54% stake in airport unit to Temasek, BlackRock

Adani Airport Holdings Limited has successfully acquired substantial investment from a group of international investors. This infusion of capital will significantly enhance their airport infrastructure development and modernization initiatives. By expanding city-side real estate and scaling operations, the company aims to efficiently accommodate rising passenger numbers while improving service quality.…

The Economic Times

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Why Air India's funding call has come under political scrutiny in Singapore

Air India's reported $1.5 billion funding request from Tata Sons and Singapore Airlines has triggered political scrutiny in Singapore over state investor Temasek's indirect exposure to the Indian carrier. Singapore officials defended Singapore Airlines' investment decisions while condemning anti-Indian online abuse targeting Temasek CEO Dilhan Pillay Sandrasegara.

The Economic Times

Singapore defends SIA’s Air India investment, says overseas growth is essential

Singapore's transport minister defended Singapore Airlines' Air India investment. The airline needs overseas expansion due to limited domestic travel. Singapore Airlines finances its investments from internal resources. The Air India transformation is a long-term strategic commitment. This investment aligns with the airline's multi-hub strategy.

The Economic Times

Police looking into 'shameful' racist online comments about Nepal-Tibet disaster, Air India: Singapore Senior Minister Shanmugam

Singapore is investigating racist online commentary regarding the Nepal-Tibet disaster. Authorities are also examining Singapore Airlines' financial ties to Air India. Senior Minister K Shanmugam condemned the hateful and unacceptable online remarks. He stated that social media platforms will be directed to remove violating content. Singapore aims to safeguard its…

The Economic Times

Singapore government won’t interfere in decisions on Air India

In a decisive stance, Singapore's government has stated it will not step into Singapore Airlines' investment decisions concerning Air India. Senior Minister K Shanmugam highlighted that upholding commercial discipline is crucial. Air India is pursuing one billion dollars from its parent companies, Tata Sons and Singapore Airlines, with financial backing…

The Economic Times

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Tata Sons readies fresh ₹10,000 crore bet on Air India as losses mount, but T&C apply

Tata Sons' board approved over Rs 10,000 crore for Air India's capital infusion. This significant funding is contingent upon business cases from Air India and other group companies. The airline reported substantial losses, necessitating this financial support for its transformation. Singapore Airlines also faces a decision regarding its participation in…

The Economic Times

Blue Tokai: India's small home roaster that brewed a multi-thousand-crore café business

Blue Tokai began with a 500-gram roaster in a Delhi home and grew into a multi-format coffee business spanning cafés, packaged beans, subscriptions and bakery. With Temasek and ChrysCapital eyeing a major stake, its improving profitability and expansion capture India’s premium café market shifting from store-led growth to profitable scale.

The Economic Times

'Key to long-term growth': Temasek backs Singapore Airlines’ Air India bet amid investor scrutiny

Singapore's Temasek supports Singapore Airlines' Air India investment for future growth. This strategic move aims to deepen the carrier's presence in India's large aviation market. Singapore Airlines seeks to establish a second hub outside its home country. Temasek acknowledges the complex, multi-year integration challenges ahead. The investor believes these initiatives…

The Economic Times

Will consider Air India's biz strategy, other factors before deciding on additional fund requests: Singapore Airlines

Singapore Airlines will carefully consider Air India's capital requests. The airline group evaluates investments considering its own capital needs. A Singapore Parliamentarian raised concerns about further funding for Air India. Air India seeks USD 1.5 billion from its co-owners for transformation. The airline's transformation journey is expected to take up…

The Economic Times

Air India’s $1.5 billion funding ask sparks backlash in Singapore parliament

A Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turnaround efforts. The politician seeks parliamentary answers on Air India's financial assessment. He stated that Singaporeans do not owe Air India any support. Singapore Airlines should fund its Air India…

The Economic Times

Piyush Goyal pushes for greater India-Singapore economic, investment ties

Commerce Minister Piyush Goyal met Singapore leaders to boost trade and investment. Discussions focused on strengthening business-to-business engagement and unlocking new economic opportunities. Temasek Holdings CEO and Fortis Healthcare Chairman also held discussions with Goyal. The minister addressed the India-Singapore Business Forum and met potential investors. Singapore remains India's largest…

The Economic Times

Started selling paneer for South Indian hotels: Class VIII dropout who took over family's failing milk business built a Rs 10,000 crore dairy empire; here's who he is

Started making paneer for South Indian hotels in the early 1990s, Sathish Kumar turned a failing family milk business into Milky Mist, one of India's most recognised dairy brands. With the company's IPO now fully subscribed and backed by Temasek, the Class VIII dropout from Erode has built what is…

The Economic Times

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The Economic Times

Global Market: SK Hynix, Samsung lead South Korea stocks higher on AI boost

South Korean shares surged, with the Kospi rising 3.73% to a three-week high, led by chipmakers SK Hynix and Samsung Electronics. Gains followed overnight strength in US AI stocks and reports of Temasek investments. Foreign investors bought $778.5 million of equities, while the won strengthened 0.38% against the dollar.

Benzinga

SK Hynix, Samsung Stocks Rally as Singapore State Fund Adds Stakes on Memory Giants

A sovereign wealth fund may be preparing to buy two memory stocks, and Wall Street immediately treated it as a sector-wide signal.

The Economic Times

Samsung, SK Hynix rally as Temasek investment report lifts chip stocks

South Korean chipmakers rallied significantly after a media report surfaced. Temasek Holdings reportedly plans direct investments in Samsung Electronics and SK Hynix. This news boosted investor confidence, which had waned after a July selloff. The chipmakers' shares saw substantial gains, and the benchmark Kospi index also climbed. Analysts view this…

The Economic Times

TPG, Temasek sell 13% stake in Dr Agarwals Health Care for Rs 2,008 crore

Global investors TPG and Temasek sold nearly thirteen percent of Dr Agarwals Health Care. They collectively offloaded over four crore equity shares for two thousand eight crore rupees. Several mutual funds and investment firms purchased a significant stake in the eye care chain. This stake sale occurred after the company…

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The Economic Times

Milky Mist IPO price band fixed at Rs 133-140 for Rs 1,553-crore IPO; issue opens on August 11

Milky Mist IPO: Retail investors can apply for a minimum of one lot comprising 107 equity shares, and in multiples thereafter. At the upper end of the price band, the minimum investment required is Rs 14,980.

The Economic Times

India's Manipal Health to spend $414.4 million to expand capacity

Manipal Health Enterprises plans to investRs 4,000 croreover the next 3–4 years to add2,400 hospital beds, expanding its capacity by over 18%, ahead of its IPO next week. The Temasek-backed hospital chain is also targeting a valuation of up to$8 billionand aims to becomenet debt-freeusing IPO proceeds.

The Economic Times

Manipal Health Enterprises IPO: GMP hints at 10% listing gains; know important dates, other details

Manipal Health Enterprises, backed by Temasek and Ranjan Pai, will open its Rs 9,275-crore IPO for subscription on July 29 at a price band of Rs 560-590 per share. The issue comprises a fresh issue of Rs 8,000 crore and an OFS worth Rs 1,275.2 crore. The Bengaluru-based hospital chain…

The Economic Times

Singapore's Temasek joins race for a slice of the $18.5 billion IPL

Singapore's Temasek is exploring investment opportunities within India's Indian Premier League. The league attracts sovereign wealth funds and private equity firms seeking high returns. Recent franchise deals highlight the competition's growing appeal and value. Temasek has significantly expanded its India investment portfolio over the past decade. The firm remains focused…

The Economic Times

Temasek's India exposure falls to USD 42 bln in FY26; company says India important market

Temasek's India exposure fell to USD 42 billion in FY26 from USD 50 billion. This decline was mainly due to a large exit from Schneider Electric. Executives stressed India remains an important and optimistic destination for the firm. The company is overweight on India, with allocations higher than its GDP…

The Economic Times

Temasek offloads 2% stake in Lenskart for Rs 1,945 crore

The sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to 4.75% from 6.8% earlier. On July 10, Lenskart's stock closed at Rs 543.65 on the National Stock Exchange.

The Economic Times

Temasek keeps 25% of portfolio liquid to weather shocks and seize trends, CIO says

Temasek also aimed to lift its exposure to artificial intelligence companies to as much as 15% of its portfolio over the next five years ⁠from 6% ‌now

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