Jain Irrigation and State Bank of India to provide assistance to Indian farmers. The largest lending institution in India, the State Bank of India, is working out a partnership with Jain Irrigation Systems Ltd, the largest irrigation equipment manufacturer in Asia, to provide planned assistance to Indian farms in the reduction of water usage yet at the same time increase productivity.

Corvex and Related Fund have been trying to takeover CommonWealth REIT but has been thwarted by the provisions in the REIT bylaws.

Sun Capital offers Emerald Performance for the tidy sum of US$700 million. Sun Capital Partners, the US private equity firm, is offering to sell specialty chemicals firm Emerald Performance Materials in a deal purportedly worth US$700 million.

Blackstone, believing in the high risk high reward appetite of the market, is creating a fund for the riskiest of trades.

The New York Life Insurance Co is set to divest itself of its Taiwanese business with the sale to be done.

China's State Grid Corp purchases 19.9% shareholdings in SP AusNet for US$802 million. In an announcement, the State Grid Corp of China is purchasing shareholdings in an Australian electricity network company.

Dell reported decline in its profits. Dell Inc has reported a 79% decline in its profits as sales for personal computers continued to contract in the face of greater demand for mobile devices.

Bayer AG purchases Steigerwald for an undisclosed amount. The largest pharmaceutical firm in Germany, Bayer has announced it has agreed to purchase Steigerwald Arzneimittelwek GmbH, a privately owned maker of herbal medications.

Dnata purchases shares of Air France-KLM in Servair Airchef. Dnata, the Emirates airline services arm has purchased Air-France KLM's shareholdings in a joint venture catering business in Italy.

When break even price achieved for Lloyds TSB shares, then Britain would be able to divest its shareholdings in the bank.