The partnership between Tata and Singapore Airlines could be a major game changer in the aviation industry where both firms invested USD100 million.
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Foreign institutional investors pour in USD1.7 billion in Indian equity market
Foreign institutional investors had poured in INR11000 billion in the Indian stock market this month following the appointment of the new RBI Governor.
Stock markets may remain volatile on RBI move
RBI had increased its short term policy repo rate to 7.5% from 7.25%, a move which could have stock markets remain volatile.
Chinese domestic milk producers get state subsidy
A number of domestic milk producers were chosen by Chinese authorities as recipients of state subsidies and tax breaks.
PE deals in India increased for 2013
India's private equity deals earned USD924 million for August 2013. Nearly 36 private equity deals with a volume of USD924 million were completed in August.
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According to a report from Il Secolo XIX newspaper on Saturday while citing sources, Italy's Finmeccanica asked state owned Cassa Depositi e Prestiti to make an acquisition offer to buy the defense group's energy company.
US President Barack Obama said he would not raise the country's debt ceiling nor would he negotiate with congressional Republicans to give in their attempt to decrease funding for Obama's healthcare law.
The new gun safety policy announced by Starbucks had pleased many loyal customers and gun safety advocates.
The US and Brazil ties were foiled again after Brazil President Dilma Reousseff retaliated over reports that the US National Security Agency had spied on her top aides along with her private communications.
The US Federal Reserve surprised markets last Wednesday after it announced that it would continue its monthly bond buying at USD85 billion for now.
Fiat buys out GM to become sole owner of diesel engine manufacturer VM Motori. Fiat, the Italian carmaker, had laid out plans to takeover VM Motori, the Italian diesel engine manufacturer.
In a bid to comply with the 2010 Brazilian oil law, the government has sought ways to provide assistance for Petrobras to comply with requirements.
In a move designed to avoid default, ThyssenKrupp was able to receive an extension of its credit lines from banks before its planned share sale.
A waging battle on budget between Democrats and Republics was held last October 1 that was seen to threaten a government shutdown.
