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.


IMF's Lipton Calls on U.S. to Address Fiscal Cliff

Reuters) - A polarized Washington that cannot find a way around the looming "fiscal cliff" is compounding economic uncertainty, freezing business investment and threatening growth, the IMF's No. 2 official and its top-ranking American said on Monday.

Casting a Wide Net, European Private Equity Firms Draw In High-Yield Investors

As Europe’s sovereign debt crisis continues and banks grow increasingly selective about making loans for deals involving private equity, European private equity firms are being forced to look elsewhere for the financing they need to complete acquisitions, based on Friday's NYT DealBook article.

Ralls Corp. Sues Obama for Blocking Wind Farm Purchase

Ralls Corp., the Chinese-owned company that was blocked by President Obama on Friday from building four wind farms in Northern Oregon, has added President Barack Obama as a defendant in a lawsuit alleging that the government exceeded its authority, The Wall Street Journal reported Tuesday.


Latest News

A new joint venture, Redpoint e.Ventures, announced over the summer that it had raised $130 million to invest in early stage Internet start-ups in Brazil. It is the first such fund in Brazil originating from Silicon Valley and according to the company's founders the largest early stage venture capital fund there.
(Reuters) U.S. manufacturing ended its worst quarter in three years in September as foreign demand for U.S. goods fell sharply, an industry survey showed on Monday.
Brief overviews of Asia's tech start-up environments for investors. For American and Canadian investors looking to put their money into tech start-ups,The Economist provides a quick overview of business environments in China, India, Singapore, South Korea, Hong Kong and Taiwan, and Vietnam.
The two main political parties in Greece are facing their own financial crisis. (Reuters) - The two main political parties in Greece are facing their own financial crisis.
Brent crude slipped below $110 per barrel on Wednesday, weighed down by worries that a fragile global economy could hit demand, although the risk of disruptions to supply from rising tensions between Iran and Western nations kept losses in check.
Life-sciences and health investing, long shunned by venture-capital investors, is making a comeback.
IDFC Private Equity has invested about 1.55 billion rupees ($28.80 million) in private Indian dairy firm Parag Milk Foods.
Australian surfwear company Rip Curl said it has received unsolicited approaches from several international companies.
New York-based private equity firm General Atlantic LLC has invested $44 million for a minority stake in Turkey's yemeksepeti.com.
The co-chief executive of Morgan Stanley's Asia operations said on Wednesday China IPO regulators should protect investors.