Archives
Dry Powder = Shopping Spree = Elephant Hunt: Private Equity Firms Looking For Big Deals
Private equity firms have more money than they know what to do with and may have to start returning it to investors, according to an article in The New York Times last week.
India's Latest Proposed Business Reforms Favorable for Foreign Investors
Last week the Indian government announced that it was increasing the limits for foreign investment in insurance joint ventures, and opening the pension system to foreigners.
Carlyle Exits India HDFC for $831 Million, Doubling Its Investment
The U.S.-based Carlyle Group sold all of its remaining shares in India's HDFC for $831 million on Thursday night, making it the country's fourth larges equity deal for the year, Reuters repored.
China's Services Sector On Upswing According to HSBC PMI: Reuters
In contrast to China's Official National Bureau of Statistics report, the HSBC Purchasing Managers' Index for September showed the country's services sector recovering, Reuters reported today.