Singapore International Political Economy

Infoline, an Indian domestic brokerage house, has announced it will invest in Singapore’s Orient Global’s India Infoline Investment Services (IIISL) and India Infoline Marketing Services (IIMSL) according to The Business Standard.

The Singapore investment is worth $80 million and will give Infoline a 99.02 percent stake in IIISL and a 99.16 percent stake in IIMSL which are both unlisted subsidiaries of Singapore’s Orient Global.