MUMBAI (Reuters) - A promoter of Sobha Developers Ltd on Monday sold a 4 percent stake via a block deal to Aranda Investments, a unit of Singapore's Temasek Holdings, a top official said."Aranda Investments, an affiliate of Temasek Holdings, the investment arm of Singapore government, has purchased shares in a block deal today. This is the first investment by the company in the Indian real estate space," J.C. Sharma, managing director, told Reuters over the telephone. Full Story
