Indian government calls out to millions of non-residents for revival of rupee. India is planning on reviving the rupee by reaching out to millions of its non-resident citizens to assist in reversing the currency decline.
Asia/Pacific
Capricorn Food Products India raises US$10 million from private equity funds
Capricorn Food Products India Ltd revealed that it had raised US$10 million from Quadria India. Capricorn Food Products India Ltd. announced that it had raised a private equity investment of around US$10 million from Quadria India.
Milestone Capital wants to exit businesses
Milestone Capital stated that they would rather choose to offload their assets than to sell the firm.
Qatar Investment Authority to invest US$300 million in Indian real estate
Qatar Investment Authority has announced that it is investing US300 million in RMZ Corp. Qatar Investment Authority (QIA), a sovereign wealth fund, announced that it is investing US$300 million in RMZ Corp.
Evercore Names New Senior Managing Director to Establish Singapore Office
Investment advisory firm Evercore announces new senior managing director appointed to set up Singapore branch.
Latest News
Livewire Mobile and OnMobile Global has agreed to the buyout terms thus increasing OnMobile's presence in value adding service for mobile in the US.
An Indian court sentenced six men to life in prison after raping a Swiss tourist. The six Indian men accused of raping a Swiss tourist in India was sentenced for life imprisonment yesterday.
According to analysts, the election results in Japan might be the catalyst it needs to gain economic momentum.
In a statement said by Prime Minister Shinzo Abe, he vowed to bring back Japan's economic status.
The currency of Israel depreciated by almost US$0.6 last week. Despite rampant divestments and impending economic boycotts adding to the problems of the conflicted Israel, the currency stayed strong.
Lotte Department Store was considering an IPO in Singapore worth US$1 billion. Lotte Department Store was planning of have an initial public offering in Singapore.
Despite an Israeli minister's denial of an economic boycott, an Israeli newspaper said that "an economic tsunami" is heading to the country.
The first half of the year saw investments in agri-business rise 75% in India. Investments in Indian agri-business firms rose 75% in the first half of 2013.
TPSF shareholders announced that KRR will manage US$78 worth of assets. Shareholders of PT Tiga Pilar Sejahtera Food Tbk (TPSF) announced that they have signed a definitive agreement with KKR (Kohlberg Kravis Roberts).
