Economic slowdown, volatility and a weakened currency have made it difficult for India's PE investors to make an exit.
Industry
PBOC injects CNY 17 billion (USD 2.7 billion) in local market to ease credit crunch
China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.
Greece receives additional EUR1.7 billion funding from IMF
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
SNB to sell back UBS assets
The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.
Finance sector set to overtake tech industry as JPMorgan beats Microsoft
The financial industry is close to overtaking the tech industry according to the latest quarter reports, analysts said.
Latest News
After the announcement of their merger, Omnicom and Publicis are now targeting industry giants like Google, Tweeter and Facebook for their advertising.
The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.
Chinese iron ore production and prices continue to rise despite the general decline in base metals trading.
China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.
Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.
Consumer economic sentiment in the U.S. climbed to its highest number six years despite cross-currents among higher-income and lower-income households.
The GlaxoSmithKline controversy opened the doors of investigation about the misconduct happening in the pharmaceutical industry.
The U.S. government cracks into the insider trading world by weeding out suspects one by one but is it enough?
President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
