Corporate titans in India had pledged to invest elsewhere should there would be no long-term economic reforms in place.
Institutional investors
Banks face day of weighing up commodities after Goldman’s oil burned
181,000 gallons of asphalt that belonged to Goldman Sachs was burned after an explosion occurred at Elk Grove refinery.
Monte Paschi revises bailout plan, seeks increase to EUR2.5 billion extra capital
Italian Banca Monte dei Paschi di Siena has raised its capital for the bank's revised bailout plan to EUR2.5 billion or USD3.3 billion.
Grohe gets bids from peers- sources
Sources told Reuters that Grohe got final offers for Geberit, Lixil and Duratex. Sources told Reuters that bathroom equipment manufacturer Grohe received bids from three of its peers.
Bidders may split Blackberry - sources
According to sources who told Reuters, interest in buying BlackBerry Ltd was lukewarm that the company would have to break its business up to exit.
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The trend now with interested buyers of Blackberry is to carve up the smartphone maker instead of purchasing it lock , stock and barrel.
Azul CEO David Neeleman would be pushing through with an IPO after it cancelled its scheduled IPO last August because of unfavorable market conditions.
Many lessons can be learned from the IPOs of other social media outlets as IPO would be conducting its own soon.
A lawyer for a JP Morgan Chase & Co. ex-employee argued with US prosecutors that his client was just following orders from his superiors in indicating prices for the "London Whale" deal.
PE fund Golden Equity Investments announced its acquisition of Innovative Medical Device Solutions to expand into the orthopedic market.
Alongside its iPhone app launch, Sportslobster receives another USD1 million. Sportslobster. com, the sports social network, had announced the receipt of a further USD1 million funding alongside its September 2013 iPhone app launch.
Temasek Holdings appointed Dr Wu Yibing as its new co-head for China business effective October 1, 2013.
Royal Bank of Scotland's former trader Sharlina Tsang was sentenced to 50 months of imprisonment in Hong Kong after she had pleaded guilty for fraud.
Salus Capital Partners provided Dots, the fashion apparel retailer, a USD51 million refinancing package through a senior secured credit facility with a term loan.
