Tata Group reportedly in talks to buy Temasek stake in Tata Play

Indian conglomerate Tata Group has begun talks with Singapore state investment outfit Temasek, the owner of Singapore’s Mediacorp and majority shareholder of Singtel, about potentially purchasing Temasek’s stake in its pay TV operation Tata Play, according to a report by Bloomberg. According to Bloomberg, Tata Group is looking to potentially postpone an planned IPO of […]

AR firm Magic Leap raises US$502m

Secretive augmented reality (AR) firm, Magic Leap, has raised US$502 million in Series D equity funding, led by Singapore-headquartered investment company Temasek. Magic Leap said new investor Temasek was joined by other new backers in the round, including Brazilian media giant Grupo Globo, fund management firm Janus Henderson Investors, and the EDBI – the corporate […]