The State Bank of India announced that it had expected to receive a total of INR4 billion in recapitalization from the government.

There were more than 110 China brokerages that would undergo government probe after Everbright Securities made a CNY23.4 billion buy order error.

Reliance Life announced to sell a 5% stake to private, public and cooperative banks. Reliance Life, a private insurer operating in India, said that it had planned to explore distribution tie-ups with a number of banks.

ONGC announced an acquisition deal for a 10% stake in Anadarko Corp priced USD2.6 billion. ONGC Videsh Ltd (OVL) had announced its planned acquisition of a 10% stake at Anadarko Corp.

Air India Express had announced it was looking at domestic expansion to be able to compete with three current budget airlines dominating India by the end of the year.

Markit, a financial data company, said that the US factory activities increased by 53.9% which was its best rise since March.

Amgen Inc. might announced the agreement to acquire Onyx Pharmaceuticals Inc. for USD 125 per share piece as soon as Monday.

Infosys Vice President and Financial Services Head for the Americas Sudhir Chaturvedi announced resignation following a previous exit of the company's head of global sales, Basab Pradhan.

The Reserve Bank of India would scrutinize pending foreign deals after the steep fall in rupee's value.

The number of Americans who filed for jobless benefit claims fell to a nearly six year low while US manufacturing activity increased this month.