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1.GIC expected to invest about Rs 7.50 bn out of the targeted corpus of Rs 22.50 bn.

The Government of Singapore Investment Corporation is in the final round of talks with ESR to invest in their second India focused logistics funds. ESR Cayman is a logistics real estate platform backed by a private equity firm Warburg Pincus. GIC is expected to invest approximately Rs 7.50 billion out of the targeted corpus of Rs 22.50 billion, as reported earlier.


2.Road EPC companies' revenue to de-grow 8-10% this fiscal

Strong balance sheets to cushion credit profiles; liquidity management key: CRISIL.


3.COVID-19: Construction equipment demand to falter further

CE industry witnessed a significant volume de-growth of ~16% in CY2019.


4.Logistics and manufacturing head for recovery

6 million sq ft of absorption recorded in Q1


5.Dear Finance Minister

This is further to my letter dated 24th March, where I had made certain suggestions. Post that date the RBI has come out with a stimulus package of Rs 1 trillion.


6.Heading towards the Roads to Recovery

CW’s webinar discusses the execution challenges, solutions and the way forward for India’s roads sector.


7.An Open Letter to Finance Minister

The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India’s GDP.


8.CCI approves combination involving setting up of Mindspace REIT by K Raheja Corp

Approves acquisition of certain equity shareholding held by selling shareholders in the Target Entities by REIT


9.More than 80 per cent of issues pertained to the state governments

Arun Goyal, Former Secretary to Government of India and Ex-Head of the Project Monitoring Group (PMG), had a long stint in the Group from October 2015 to February 2019.


10.Affordable housing, logistics to get a boost from SWFs

SWFs hold US$ 29 billion of Assets Under Custody as of December 2019


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