State-run energy company, Gujarat State Petroleum Corporation (GSPC) is holding talks with Singapore's sovereign wealth fund- GIC, for fund raising.
A delegation from GIC led by its managing directors, Kunna Chinniah and Chua Lee Ming, had visited Gujarat last month and met the Gujarat Chief Minister Narendra Modi to explore the possibility of investing in GSPC, a top finance department official said. Full story
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GSPC in talks with Singapore’s GIC for raising funds - Moneylife.in