Industry
Indian companies strike 393 private equity deals totaling $9.67B in January to November
A report by Grant Thornton, an American accounting and advisory firm, said that Indian corporations closed as many as 393 private equity deals totaling $9.67 billion in the past 11 months of the year.
2013 a banner year for ecommerce sales as brick-and-mortar sales decline
This year is set to be a banner year for ecommerce as online sales for Thanksgiving weekend increased 22% from last year. Meanwhile, retail sales fall.
Multinational companies line up to hike stakes in Indian subsidiaries -India Times
The Reserve Bank of India recently announced that multinational companies can hike their stakes in Indian arms without its approval. Many MNCs are now looking to increase their stakes, go for a merger or de-list their local units.
2014 Outlook for Australian infrastructure sector stable - study
Moody's says the outlook for the Australian infrastructure sector is stable, underpinned by a resilient economy.