India

India's economic slowdown and volatility challenges PE investors' exit

Economic slowdown, volatility and a weakened currency have made it difficult for India's PE investors to make an exit.

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Samara Capital gathers US$150 million for its second fund

Samara Capital announced that it is sealing the first round of financing for its second fund at US$150 million

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Lanco discusses restructuring of US$1.5 billion debt

India's Lanco Infratech Inc said that they are currently in discussion regarding the restructuring of the company's debt.

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Luminous Water raises US$9.3 million through CLSA Capital Partners

Luminous Water Technologies Pvt. acquires US$9.3 million worth of funding from CLSA Capital Partners.

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7 Countries where Windows Phone outsell iPhone

According to IDC, there were seven countries where Windows Phone outsold the iPhone.

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Facebook for every phone gains 100 million monthly users

The project of social networking giant, Facebook for every phone, was expected to give a huge boost to the company after gaining 100 million users each month.

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India seeks help of non-resident citizens to reverse rupee slide

Indian government calls out to millions of non-residents for revival of rupee.

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Swiss rape victim gets justice in India

An Indian court sentenced six men to life in prison after raping a Swiss tourist.

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Investments in Indian agri-business rise 75% in first half of 2013

The first half of the year saw investments in agri-business rise 75% in India.

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Blackstone, MBK seek Singapore IPO for Taiwan and India properties

Private equity companies Blackstone and MBK Partners are seeking for Singapore IPOs for the properties they individually own in Taiwan and India.

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RBI eliminates largest bond gain, US$8 billion fund outflow extends

Reserve Bank of India's decision to increase borrowing costs eliminated the country's largest bond gains and further extended the US$8 billion fund outflow.

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Renault-Nissan to put in US 2.5 billion in India

The Renault-Nissan alliance will be investing US $2.5 million in India within the next four years.

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Posco backs out from project in India

The South Korean steel making company pulls out from deal to put up US $5.5 billion plant after land acquisition became difficult.

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India picks five banks to supervise sale of Indian Oil shares

India’s government chooses five banks to administer the sale of its stake in Indian Oil Corp.

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Indian Embassy Group ends joint venture with Malaysian MK Land Holdings

Embassy Group sells stake in overseas joint venture back to MK Land Holdings.

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