Reserve Bank of India's decision to increase borrowing costs eliminated the country's largest bond gains and further extended the US$8 billion fund outflow.
Sectors
Coal India considers 3 Australian acquisitions
Coal India considered 3 Australian acquisitions. According to a source who was familiar with the matter, "Coal India is examining three proposals from Australia.
Engaged Capital acquires 5.1% stake claim in AeroVironment
Engaged Capital announced the acquisition of a 5.1% stake claim in AeroVironment Inc. Engaged Capital announced that they have acquired a 5. 1% stake claim in AeroVironment, Inc.
Vodafone trumps Malone in German cable race
John Malone of Liberty Global Plc yielded to Vodafone after losing the race for Kabel Deutschland Holding AG.
Global plastics M&A fell in first half of 2013
Global plastics M&A activity fell in first half of 2013. According to P&M Corporate Finance, there was nearly a quarter drop in mergers and acquisitions activity in the global plastics sector in the first half of 2013.
Latest News
Bernanke's testimony caused world stock markets to waver between gains and losses. The testimony of US Federal Reserve Chairman Ben Bernanke made investors cautious.
President Francois Hollande would set out Eur3 billion in expenditure cuts and close tax gaps in face of poll slump.
China intend to develop seven latest gas fields worth US4.9 billion in the East China Sea, a territory claimed by Japan.
Jet Li-endorsed game developer planned to offer an IPO in Hong Kong. Suzhou Snail Digital Technology Co. , a game developer which online game was endorsed by Jet Li, was planning of offering an IPO in Hong Kong.
The Eratome group received an investment worth Eur15 million from Omnes Capital. The Eratome group received Eur15 million from Omnes Capital, formerly known as Crédit Agricole Private Equity.
EnServe Group confirmed it has sold Inenco Group, its Energy division, to Vitruvian Partners in a bid to reduce its bank debt and to invest in its remaining divisions.
Millionaire investor Paul Kazarian emerged after 20 years with his bid to purchase up to Eur2.9 billion of Greek state debt.
The SEBI will work closely with the PE and venture capital industry in addressing concerns. The Securities and Exchange Board of India (SEBI) planned to work closely with the private equity and venture capital firms in addressing concerns of the industry.
Wells Fargo & Company stated that it has bought US$6.05 billion worth of commercial real estate in London from Hypothekenbank Frankfurt.
