GIC and US equity firm eye Indian motorbike maker: FT

AFPSINGAPORE — US private equity firm Bain Capital and the Government of Singapore Investment Corp (GIC) are nearing agreement to buy a minority stake in Indian motorcycle-maker Hero Honda, according to the Financial Times.The newspaper, quoting anonymous sources familiar with the matter, on Tuesday said the expected transaction could be worth up to $1.75 billion. Full storyRelated:Govt of