Ajay Piramal Group to invest INR1,000 crore in India's healthcare industry

Ajay Piramal Group announced that India Venture Advisors is launching a INR1,000 crore fund that targets early-stage healthcare companies.


Sifca Group to invest US$420 million in West Africa

Sifca Group announced that it is pushing forward a plan that will see US$420 million invested into West Africa.

Extended Stay Hotels to go public later this year

Sources stated that Extended Stay Hotels is preparing for an IPO later this year. Sources stated that Extended Stay Hotels is preparing to sell stakes in the company to the public.

CORRECTED: Alcresta raises US$10 million to help cancer patients

Alcresta announced that it had raised US$10 million to accelerate production and commercialization of its drug that helps cancer patients.


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Minnesota firms urged Gov. Mark Dayton's administration to support an idea for a fund that will support smaller Minnesota businesses.
Several mainland China retailers stated that they want their listing done in Hong Kong before October.
CVC Capital announced that they've accepted up to EUR10.25 billion in investments and that a further EUR250 million was in the works to be accepted.
Bruno Wu and Thomas Middelhoff stated that they have combined assets with revenues of around US$2 billion to create a media and alternative investment firm.
The IFC had invested US$2 billion in Brazil amid sluggish economic growth and large demonstrations in the country.
Dunedin successfully raised GBP50 million more from their original target of GBP250 million for its latest buyout fund.
While the regular safety net is a stop loss, now currency options provide more flexibility. When trading foreign currency without the use of a safety measure, an example of which is a stop loss mechanism, is considered as financial suicide.
Swiss National Bank keeps its franc ceiling of 1.20. The Swiss National Bank (SNB) will maintain the franc ceiling of 1. 20 against the euro. The SNB imposed the ceiling on the franc in September of 2011 which allowed it to stockpile foreign-currency reserves that is equivalent to 75% of Switzerland's annual economic output.
Bank of Canada will keep its targets of keeping rates low. The Bank Canada will stick to its targets in terms of keeping rates low despite talks of economic weakness during the G20 meetings in Moscow, Governor Stephen Poloz told reporters on Saturday.
Hong Kong's richest man Li Ka-shing is reportedly considering putting up for sale the ParknShop chain for US $2 billion.