India Digest: GIC ups SBI Life stake; Welspun One Logistics raises $41m

India Digest: GIC ups SBI Life stake; Welspun One Logistics raises $41m

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GIC Private Limited has picked up an additional stake in SBI Life Insurance through a secondary market transaction. Separately, Welspun One Logistics Parks has raised about $41 million (Rs 300 crore) from a set of investors.