BANGALORE/MUMBAI: Government of Singapore Investment Corporation (GIC) and private equity investor Red Fort Capital are among the potential bidders to acquire the real estate assets of Hindustan Teleprinters (HTL), in which Himachal Futuristic Communications (HFCL) holds a 74% stake. State Bank of India (SBI) took possession of the 10.16-acre company land in Chennai after HTL was deemed as a non-performing asset. The land may fetch more than Rs 400 crore in a bidding process, said people familiar with the matter. Full story
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GIC And Red Fort Capital, Potential Bidders To Acquire Realty Assets Of Hindustan Teleprinters - Dealcurry.com
