Temasek bullish on India despite global downturn

The Economic Times, 28 Aug 2008

NEW DELHI: India and China were the two key investment destinations within Asia for Temasek, last year, when it generated record global profits of more than $12 billion.

India as part of South Asia, was the only country within Asia where Temasek’s net portfolio value as a proportion of the global total, increased during FY08 compared to the previous year. An investment arm of the Singapore government, Temasek is one of the most active fund houses in the country

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