Singapore govt-owned Temasek to invest $10 bn in India over 3 yrs

Temasek Holdings, which is owned by the Singapore government, is planning to invest $9-10 billion in India over the next three years. This comes over three months after the firm raised its stake in India's Manipal Health Enterprises to 59% following a $2-billion deal. "India, today, is 6% of our portfolio. It was 5%...last year," a senior Temasek executive said.