Singapore govt buys 5% stake in ICSA

The Government of Singapore Investment Corporation, a financial services arm of the Singapore government, has picked up 5.02 per cent equity of the Hyderabad based ICSA(India) Ltd, a pioneer of embedded technology-based solutions to detect and reduce power transmission and distribution (T&D) losses.

According to G Bala Reddy, chairman and managing director, ICSA, Singapore